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NVCA Predicts Another Slow Year for Venture-backed Businesses in 2009

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- Earlier this week, the National Venture Capital Association (NVCA), a trade association representing the U.S. venture capital industry, released the results of its third annual survey on venture investment. Perhaps not surprisingly, the trade organization forecasts that most sectors will see a continued slowdown in venture investment in 2009. The NVCA conducted its survey of 400 venture capitalists between November 24 and December 12.In a report on the NVCA survey in the Washington Business Journal, NVCA President Mark Heesen noted that "2009 will be a year of anticipation for the venture capital industry as the economic...

Full post as published by Patent Docs on December 19, 2008 (boomark / email).