Business Insight Zone

Not great times for the VC business, eh?

• Item: Venture Capital Fund-Raising Plunges In First Half (WSJ Venture Capital Dispatch)
• Texas venture capital funds raise zero (Dallas Morning News)

That being said, there will be good VCs (here’s one candidate, here’s another) who will come through this period stronger than ever. And, as I’ve suggested before, if the VC business collapses — and its own practitioners say that it’s “broken” — something new will rise in its place to fund innovation.

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Addendum, Thursday afternoon: You might also want to read this from the New York Times.

Venture Capitalists Look for a Return to the A B C’s

There will be “a ton of venture capitalists who disappear over the next 18 to 20 months, and it’s going to be painful for a while,” said Bryan Roberts, a partner at Venrock. “But the best thing that could have happened to V.C. is this economic crisis, because it’s lowering the flow of capital into these funds.”

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