Venture Beat: Shocker: Study shows VCs plan to invest in fewer companies

By Anthony Ha

A new survey of more than 700 venture capitalists confirms that VCs’ plans for dealing with the economy are pretty much what you’d expect. (And by you, I mean me.) Most of them say they will invest in fewer companies, but many also plan to increase their funding for cleantech companies.

That’s from the 2009 Global Venture Capital Survey by Deloitte Touche Tohmatsu and the National Venture Capital Association. Like I said, the results are less-than-revelatory, but still worth noting for what they tell us about the mindset of hundreds in the venture capital industry. To start with, 51 percent of respondents said they planned to decrease the amount of companies they invest in, while only 13 percent said they plan to invest in more. It’s worse if you’re a young company looking for funding, with 36 percent of VCs saying they intend to move towards later-stage investments, and 6 percent saying they want to go in the other direction. (more)