A quarterly survey of Silicon Valley venture capitalists showed slight improvement in their confidence about the investment climate. The index dropped for the first time in two years in the previous quarter and didn't get back to its previous high for the year, despite the fourth-quarter uptick.
"Confidence moved slightly higher as a continuing strong exit, investment and fundraising environment tempered concerns over inflated valuations in some venture sectors," wrote Mark Cannice, chair of the University of San Francisco School of Management. He has written the report for 11 years. [via @SVbizjournal]
Via Media Relations for the University of San Francisco