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VCs bring in new year with renewed optimism

The VC sector has been badly bruised by a convergence of factors over the past two years: weak and volatile public markets, a darkening macro-economic outlook, and a brutal collapse in technology markets in particular. This survey from Deloitte & Touche reports an increase in confidence among UK venture capitalists about the outlook for their business for the first time in nearly three years.

A tentative 55 per cent of VCs predicted that the volume of transactions would increase over the next six months.  Only 10 per cent of VCs said they thought there would be a slowdown in deal activity, compared with a much gloomier 48 per cent in the previous quarter.There were also more positive feelings about the availability of debt financing and the prospect for IPOs.

Click here to view full survey (pdf 145KB)

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