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.