Financial Profiles | Trends and Technologies

Venture capitalists have their swagger back, according to a quarterly survey that measures Silicon Valley VCs’ confidence in their local “entrepreneurial environment.” The survey’s confidence index, which ranks investor confidence on a scale of 1 to 5, with 5 being “very confident,” rose to 3.03 in the first quarter, halting five consecutive quarters of declining sentiment. According to Mark Cannice, an associate professor of entrepreneurship at the University of San Francisco, which conducted the survey, “a sense of foreboding appears to be giving way to an expectation of eventual, if slow, recovery in the high-growth venture environment.” Read the report here….