A new survey indicates Silicon Valley VCs are losing confidence in the economy.
Are Silicon Valley investors worried about the economy? A new survey says… maybe. University of San Francisco professor Mark Cannice polled over 30 tech industry venture capitalists and found the first decline in economic confidence by VCs in two years. According to Cannice's survey, respondents' average ranking of the economy dropped from 4.02 to 3.89 on a five-point scale.