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2004 Venture Capital Activity Up

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 [1], 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 [2] (reproduced with the authors’ permission).

No surprises here. Just confirmation that the market is improving.