Venture Capital Funding Slows To A Standstill
from the nothing-getting-done.--don't-even-try dept
If you thought venture investments were slow before September 11, now they've almost stopped entirely. A lot of firms and investors are trying to wait and see how the dust settles from this mess - but the initial implications are that we're not looking at a quick economic recovery. So, even the optimistic VCs are holding out on putting in more money right now. Even the VCs that what to invest money are finding that their own investors are holding back. Of course, this really sucks for the companies that need money to survive - but many feel that this is just way to more quickly weed out the companies that wouldn't have survived anyway.
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