Survey: Over Half of Venture Capitalists Say Industry "Broken"

Authored by Mark Hefflinger on June 30, 2009 - 8:22am.

Framingham, Mass. - More than half (52.9%) of venture capitalists consider their industry "broken," according to a new survey conducted by Massachusetts-based Polachi.

Of the more than 100 venture capitalists surveyed, nearly all (93%) said that they were either "worried" or "most worried" about the uncertain return of exit markets.

When asked about the hottest growth areas in the industry, cleantech/energy received the highest response (62.8%) followed by consumer Internet/Web 2.0 (44.2%) and Internet marketing (40.1%).

http://www.polachi.com

Published in DMW Daily, June 30, 2009

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Comments

VCs of all people should know better

Submitted by David (not verified) on July 1, 2009 - 4:55am.

Fear and greed are not dead. As fear subsides and greed begins to regain it's balance with it, the market for IPOs and other exit strategies will return to "normal". NOW is always the best time to "plant" future successful businesses.