Venture capitalists and CEOs are showing renewed confidence in the state of venture capital, especially in the IT, digital media, mobile and cloud computing sectors, according to a recently released survey.
The National Venture Capital Association polled around 330 U.S. venture capitalists and 180 CEOs of venture-backed companies in order to get their predictions for what will happen in 2011. The survey, released Tuesday, paints an optimistic picture of investment in the new year.
Of VCs surveyed, 51% said they expected venture investments to pick up in 2011, compared to just 24% who think it will remain the same and another 24% who think it will decrease. Their optimism spans across both later stage and earlier stage investments, and in fact, 30% of VCs intend to increase their co-investments with angel investors.
To read the full, original article click on this link: What's Going to Be Big in Venture Capital in 2011? [STATS]