A new survey shows that U.S. venture capitalists are more optimistic in 2004 than in the past three years.
Looking ahead to 2004, 84% of the VCs think the environment for entrepreneurs looking for early stage capital will be better than 2003. And 7 out of 10 venture capitalists expect to invest more than they did in 2003.
The 2004 Venture Capital Study was conducted by Dee Power and Brian Hill, authors of “Inside Secrets to Venture Capital,” “Attracting Capital From Angels,” and “Overtime,” a novel.
You can download a copy of the survey report here (reproduced with the authors’ permission).
No surprises here. Just confirmation that the market is improving.