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Venture capitalists say startup community is in crisis
July 14, 2008 /
The National Venture Capital Association said that the nation’s startup community is in a capital crisis as no venture-backed company went public in the second quarter — the first time in three decades that’s happened.
The venture capital trade group also pointed to a recent industry survey in which two-thirds of VCs surveyed said their portfolio companies are less likely to want to enter the public markets today than they were three years ago.
Sacramento Business Journal – by Mark Calvey Contributing Writer
Full Story: http://www.bizjournals.com/sacramento/stories/2008/07/07/smallb4.html?ana=from_rss
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