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Dark clouds still hang over the venture capital industry despite a slight improvement in initial public offerings and mergers & acquisitions. Cambridge Associates and the National Venture Capital Association today issued a report showing that 10-year returns -- perhaps the most important measurement of the industry --were a negative 3.7 percent for the period ending March 31.

To read the full, original article click on this link: A 'fragile' economic climate freezes 10-year venture returns