MATR News: Crisis drying up venture funds - Rattled investors gradually cutting cash flow to startups

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Crisis drying up venture funds - Rattled investors gradually cutting cash flow to startups

October 18, 2008

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As it becomes increasingly difficult to cash out of their previous investments, venture capitalists are gradually closing their financial spigots in what could be the start of a long dry spell for entrepreneurs.

Although a drought hasn't set in yet, it's looking inevitable as the ripple effects of a worldwide financial crisis rattle venture capitalists.

By MICHAEL LIEDTKE THE ASSOCIATED PRESS

Full Story: http://seattlepi.nwsource.com/busine ... 8_vc18.html
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