Survey: undertaking Capitalists a little less confident
Are Silicon Valley investors involved in regards to the financial system? a brand new survey says… possibly. college of San Francisco professor Mark Cannice polled over 30 tech business venture capitalists and located the primary decline in financial confidence via VCs in two years. in step with Cannice’s survey, respondents’ moderate rating of the economic system dropped from 4.02 to a few.89 on a five-level scale. The survey, which incorporates simplest a small sampling of venture capitalists and isn’t supposed to be a comprehensive business report, is conducted each quarter by using Cannice. In an interview with the Wall side road Journal, the professor attributed the decline to excessive valuations and what he calls an “overheated” market. ultimate month, prominent tech investor Marc Andreessen instructed startups to “fear” and expressed his emotions that the booming tech market of the previous decade, which mostly weathered the 2008 recession, could quickly go right into a downturn.
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