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When viewed through the lens of funding for startups, 2011 was a fickle, back-and-forth, hot-and-cold kind of year that could never quite make up its mind.

And by that we mean, confusingly: The state of the venture capital industry was good, but it was also bad. Or, in other words, it was the Year of the Mixed Signal.

"It's becoming like a sport to predict what will happen," said Anand Sanwal, the chief executive of research firm CB Insights.

To read the full, original article click on this link: Mixed Signals For Venture Capital In 2011 - Loot - Portfolio.com