VCs get bullish on IT in 2011 Feelings of doom and gloom are a little more scarce among venture capital investors looking toward the New Year, the National Venture Capital Association reports in results of its annual survey of U.S. VCs, released Tuesday.
This year, 24 percent of VCs are predicting a down year for investment in U.S. companies in 2011. Last year at this time, more than 40 percent of VCs predicted the industry would invest less domestically in 2010. So far, they were wrong: VCs put $18 billion into U.S. companies in the first three quarters of 2010, according to Dow Jones VentureSource — up from $16.3 billion in the same period of 2009.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.