Light at the End of the Tunnel or Roadblock Ahead?

Some VCs say the worst is yet to come. A post in the Wall Street Journal today relates the opinions of a few VC veterans at the Venturewire Technology Showcase regarding the future of venture capital. They aren’t alone in believing there is more turbulence ahead as the impact of the market downturn is still being sorted out by the institutional investors that fund venture capital in large part.

On the other hand, a recent report suggests that M&A and IPO activitity for venture-backed companies is heating up and should continue to do so going forward. We certainly won’t count any chickens before they hatch, but it’s nice to keep some perspective on the doom and gloom.