If the first quarter was the apocalypse, then the second quarter offers a glimmer of hope for VC community. New data from Chubby Brain shows that with the "numbers tallied, Q2 2009 saw 61% more money flowing from venture capital investors to entrepreneurs over the prior quarter." Good news for all.
I'm part of the camp that believes a downturn is a great time to start a company and I suspect we'll see many more fundings in the second half of the year--especially as too many VCs chase too few deals.
Second quarter highlights:Deal values … Read more