Posts tagged with 'Michael Birch'
It's not the best time to be an internet entrepreneur if you need funding. Thanks to a global recession, investment is pretty hard for most new startups to come by.
In the United States, which has the most robust VC market, investments by VCs plummeted in Q1 2009, reaching their lowest level in 12 years. VCs are focusing on their existing investments, being far more conservative when it comes to making new investments and are increasingly asking more of entrepreneurs, both in terms of investment criteria and deal terms.