The New York Times reports that Venture Capitalist invest in 922 deals in the first quarter of 2008, compared to 861 in the same period last year. The total amount invested was down 5% causing the times to lead with the headline Venture Capitalists Invest Less In First Quarter – New York Times.
“We do not expect to see significant declines in investment levels in the coming year,” said NVCA President Mark Heesen.
Is this additional evidence that media outlets lean toward a doom and gloom outlook or are they just following the current sentiment of their readership? Just be sure to read past the headlines.