Don’t let the good times roll just yet, Silicon Valley: Analysts at Dow Jones are saying the effects of the 2008 economic crash still haven’t worn off for venture capitalists.
While U.S. VC funds finished the year with a strong fourth quarter of fundraising, funds raised by VCs during 2011 came in at barely more than half of the 2008 total.
“The industry has not yet bounced back from the recession,” said a Dow Jones VentureWire spokesperson in an email.
The numbers for 2011 were slightly higher than those from 2010 (by 5 percent, to be exact), though that was largely driven by activity in
To read the full, original article click on this link: Dow Jones said VCs had a “lackluster” 2011, recession still in effect | VentureBeat
