As if to back up Mr Johnson’s claims, but on a transatlantic level there’s news from the US that venture capitalists (VCs) are actually becoming a little more confident about investing in businesses.
These are the guys and gals who pour money (sometimes known as ‘seed money’) into businesses, in the hope of getting a return on their investment.
A survey (Silicon Valley Venture Capitalist Confidence Index) released on Wednesday 8th July showed that 42 VCs in the US expected an increase in activity in the second half of this financial year. This means that some entrepreneurs and businesses may well expect to be welcomed into VC circles, rather than find that the door is jammed shut, which has been the experience for some time now.
There will be some down time still. The VCs have had to pump money into businesses that they have already invested in, just to keep them afloat. It won’t be until these businesses have matured that the investors will feel confident enough to search for new blood.
All the same, encouraging news for all start ups and entrepreneurs. Soon, real money will be floating around. Getting it, of course, is another matter.
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