Global Economic Downturn Driving Evolution of Venture Capital Industry, According to Study by Deloitte and National Venture Capital Association
U.S. Newswire, June, 2009
To: BUSINESS EDITORS
Contact: Jonathan Gandal, Deloitte, Public Relations, 1-203-708- 4115, jgandal@deloitte.com; or Emily Mendell, NVCA, 1-610-565- 3904, emendell@nvca.org
Competitive Landscape Poised to Shift Due to Industry Globalization; Clean Technology Sector Identified for Future Investment
NEW YORK, June 10 /PRNewswire/ -- The global economic downturn has many venture capitalists altering strategies, including reducing investment levels in the short term, according to the 2009 Global Venture Capital Survey by Deloitte Touche Tohmatsu and the National Venture Capital Association. Fifty-one percent of the survey respondents are decreasing the number of companies in which they plan to invest and just 13 percent are increasing this activity.
The...
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