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Venture Capital
by Greg Cruey on December 23, 2008
Nine out of ten venture capitalists expect a decrease in VC investment in 2009. That, according to a recent survey conducted by the National venture capital Association.
The survey, conducted in late November and early December, asked more than 400 VCs about the outlook for next year. Some 92 percent of them forecast decreased investment (measured in dollars, but not necessarily in deals) for 2009. While there may be less money to go 'round, 53 percent said they expected to invest in the same number of companies as in 2008.
DealBook at the NY Times summed it up: "Venture capitalists aren't feeling particularly optimistic about 2009."
Salon.com said that VC managers were looking at "their toughest year since the dot-com bust..."
It's not all bad news. "Some sectors may see investment growth, including cleantech and life sciences, according to the NVCA survey," according to Pui-Wing Tam at the Wall Street Journal.
Photo courtesy of iStockphoto, Image# 7358300
The survey, conducted in late November and early December, asked more than 400 VCs about the outlook for next year. Some 92 percent of them forecast decreased investment (measured in dollars, but not necessarily in deals) for 2009. While there may be less money to go 'round, 53 percent said they expected to invest in the same number of companies as in 2008.
DealBook at the NY Times summed it up: "Venture capitalists aren't feeling particularly optimistic about 2009."
Salon.com said that VC managers were looking at "their toughest year since the dot-com bust..."
It's not all bad news. "Some sectors may see investment growth, including cleantech and life sciences, according to the NVCA survey," according to Pui-Wing Tam at the Wall Street Journal.
Photo courtesy of iStockphoto, Image# 7358300
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Vote for The 2009 Outlook for Venture Capital (from the National Venture Capital Association):
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Rating: 8.00 out of 2 vote(s) cast.
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Response from:
Ling
(12/24/08 2:26am)
Cleantech might be on a boom, but I wouldn't bet all my chips on solar and wind energy product manufactureres. There's a lot of problems there beneath the surface. Some of them are way over extended, and there's some raw material shortage, last I heard. But other things, like hybrid cars and hydrogen fuel cells and things like that - yes, heck of a lot of potential there.
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