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DriverHeaven Extreme Member
Join Date: Apr 2004
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VCs prepping for a souring economy
In a contracting U.S. economy, venture capitalists are in the somewhat awkward position of sitting on billions of investment dollars with fewer opportunities to strike it rich. The question is whether VCs will hold tighter to their purse strings.
In the next two weeks, researchers will issue numbers on how much VCs invested in the first quarter of 2008, which ended March 31. Early projections of financing deals suggest that venture activity isn't waning--at least in the first quarter. _________ Source: Tech-Ex |
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