Investors are upbeat despite decline in venture capital firms

04/24/2013 | Bloomberg Businessweek

Venture capitalists are feeling more optimistic about the future despite the fact hundreds of venture capital firms have gone out of business during the past few years and investments are declined in the first quarter of 2013, surveys show. Data from Flag Capital show the number of firms fell from 441 in 2000 to just 86 last year. The confidence shown by the remaining venture capitalists may be related to the positive performance of their portfolio companies, according to University of San Francisco professor Mark Cannice.

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