Venture Capital Funding Disappearing -- Will It Come Back?By
Venture capital investments dropped to the lowest level since 1997 in the first quarter, with just $3 billion invested, according to the MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association, based on Thomson-Reuters data. That’s a down 61% in venture dollars invested from the first quarter of 2008, and a 47% decline from the amount invested in the fourth quarter of 2008, which itself was much lower than the rest of 2008. This reinforces what most entrepreneurs already understand: bootstrapping is more important than ever.
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