Venture
Capital Thawing Out? Since mid-to-late March I've been hearing
a lot more stories of venture capitalists doing deals that sound a
lot more like deals done in the mid-nineties, than the ones done
over the past three years. There's at least been some evidence that
VCs are (1) realizing that they're sitting on a ton of money (2)
valuations are cheap and (3) there's a light at the end of the
tunnel for the economic downturn. Plenty of startups are now saying
that
VCs
are actually chasing them, rather than the other way around. Of
course, VCs loosening their purse strings doesn't mean they won't
be funding overhyped companies - and many companies with seasoned
execs are trying to
avoid VCs
altogether. However, for folks in Silicon Valley who seem to
think our entire economy is based on how much VCs are putting into
companies, this is probably good news. [via
Techdirt]