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O'Brien: Clouds are gathering over the venture capital industry by Chris O'Brien

The past couple of weeks brought another round of startup funding data that reinforced my belief that the venture capital industry is staring into the abyss.

The money coming in to VC firms, and the money going out, were both bleak. It's the latest clue that a massive shakeout looms for a VC industry that remains bloated from the dot-com boom days.