Written by Ucilia Wang
The venture-capital world will likely see a sharp decline in investment dollars and smaller deals in the fourth quarter, as investors and startups figure out how to weather the sinking economy.
Boston-based VC Rob Day made that prediction on his Cleantech Investing blog last Friday, at the end of a week that was marked by sharp declines of the Dow Jones Industrial Average and solar stocks. The Dow had sunk for eight straight days by Friday, capping the worst week ever in its 112-year history.
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