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December 18, 2007

VCs: 2008 is Hazy, Please Ask Later

I tried to come up with something useful to say about the National Venture Capital Association's forecast/survey for venture capital in 2008, and about the best I can up with is that it's largely indistinguishable -- both in topics and equivocation -- from what the NVCA's vacillating membership offered up last year around this time.

In other words, things are bad for all of us VCs, but they will get better for our fund and worse for everyone else's. And, oh yes, the grass is greener in other sectors. Thanks very much. G'night everyone, etc.

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