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September 02, 2004
Even Silicon Valley is Feeling Optimistic
A survey of Silicon Valley Venture Capitalists released by the University of San Francisco shows continued optimism from this recently embattled group. This follows a similarly positive survey of these venture capitalists from Q1 of 2004.
"Primarily positive comments from the venture capitalists surveyed indicate a continued upbeat sentiment for venture capital investment in the coming months and bodes well for a continued growth in entrepreneurial activity and new company formation in the San Francisco Bay Area for the remainder of 2004."
If the folks that just recently were still licking their self-inflicted wounds from the dot.com fiasco are now feeling that there is hope for continued growth, things are really looking up!
Posted September 2, 2004 06:18 AM
Comments
It would seem to me that most Venture Capitalists have a large ego. Investing in a burst dot com industry could be an attempt to repair their ego by investing in a dot com that made (and retained) its earnings. This would validate their earlier visions and hopes in the dot com. Give it up.
At any rate, investments in “risky” dot com’s is evidence that the economy is geared for a rapid recovery. This is not the only indicatory of a forward looking recovery, and is not surprising since it is just in time Democrat to again claim full credit for a “full economic recovery.”
Posted by: Daniel B. Rose at September 7, 2004 12:15 PM
at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
