San Francisco – Confidence among venture capitalists in
Silicon Valley fell markedly in the second quarter, according to the latest
Silicon Valley Venture Capitalist Confidence Index.

The latest index dipped to
3.28 (on a five-point scale), down from 3.65 last quarter.

Study author Mark
Cannice, a professor of entrepreneurship and innovation at the University of
San Francisco School of Business and Professional Studies, cited macroeconomic
concerns, regulatory constraints and uncertain exit opportunities.

The survey
was conducted in June among 32 Silicon Valley venture capitalists.


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