The PWC MoneyTree Q2 report has come out and shows a slowing down in VC investments. With a 16% QoQ drop.Techcrunch's post on the subject highlights that the $7.1 BILLION might be the first quarter of decline in investments since the dot-com implosion.
And so... Wall Street hit Main Street and has now hit Sand Hill Street. My assumption is a few quarters of slowed down investments with a lot of the $$ going to "inside rounds" leading to an upswing in 2-3 quarters as new valuations drop and " scarcity builds clarity."
Monday, October 20, 2008
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