Silicon Valley venture capitalists are optimistic about the future
APR 27, 2012
DOI: 10.1063/PT.5.026009
Washington Post : According to a recent report of the Silicon Valley Venture Capitalist Confidence Index, venture capitalists’ confidence is way up. The first quarter of 2012 registered a confidence level of 3.79 on a 5-point scale. For the last three quarters of 2011, the confidence level had been steadily dropping. The rise has been attributed to strong performance in the initial public offering market for such companies as Facebook and game developer Zynga. In addition, developments in cloud computing, mobile and social media, and security technology are contributing to the boost in confidence. In the report, Bob Ackerman of Allegis Capital is quoted as saying, “In the future, we will look back on this period of time as one of the Golden Ages of Innovation.”
© 2012 American Institute of Physics
