Slowdown slowing new startups
March 31, 2008 by ShannonCherry
Filed under Business
A new story in the Mercury News is saying that the recession is thwarting the 
growth of new startups in the Silicon Valley.
Since venture capitalist need to focus on putting money back in their portfolios, they have less to invest. The result: less IPOs and other startups.
According to the article, there have been just four venture-backed IPOs nationwide in 2008, much less than expected.
So what does this mean to you? Will you be affected by a lack of VC?
(Photo courtesy of Shannon Cherry of Be Heard Solutions.com)
It is unfortunate that there is a lack of venture capital. Business owners will have to delay their plans to expand until after the recession.