VCs on the rebound?

The SMH has an interesting story that suggests Australian VCs are spending money again. Are the good times back? Sort of.

Private Equity Media director Victor Bivell said the trend to buy-outs had been evident for some years as the tech collapse had dented confidence in greenfields investments.

"Early stage investment has yet to emerge from its out-of-fashion status of the last few years," Mr Bivell said.

Compare this with a general feeling in the US that VCs are holding back on making funding commitments (here's one example), and you have to ask what's holding them back.

Posted by markjones, April 13, 2004 03:59 AM | | TrackBack