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Confidence among venture capitalists in Silicon Valley weakened in the second quarter, according to a new industry report, as concerns over financing, the economy and new regulations added to an already tough working environment.

But while confidence dipped, investments increased as several venture capitalists seemed excited about a new crop of quality start-ups hitting the Valley.

Venture capital has been one of the hardest-hit parts of the economy during the recession. The lack of financing choked off money to the industry, while the moribund capital markets made it very difficult to exit past investments through initial public offerings or mergers and acquisitions.

To read the full, original article click on this link: Silicon Valley Venture Capitalists Are Feeling Glum - DealBook Blog - NYTimes.com

Author: Cyrus Sanati