U.S. VCs Predict That 2009 Will Kind of Suck

The National Venture Capital Association this morning released its third-annual “Predictions Survey,” and the VCs polled aren’t anticipating their best year ever. Among the survey’s findings: * 92 percent of VCs predict a slowdown of investments. * 61 percent think the decline will be more than 10 percent, and that capital committed will fall below $27 billion in 2009. * 53 percent say they’ll invest in the same or more companies next year, though they’ll invest less money across the board. * 48 percent of VCs polled said they thought the clean tech sector would see the most growth in 2009.

17 December 2008•1 min read
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