What Recession?

Reading the Q1 Washington State Venture Capital Outlook posted over at the WTIA (formerly WSA) website, you wouldn’t know that we’re in troubled economic times. Or perhaps it would be more accurate to say that for high-tech, there IS no trouble. Forecasts are rosy (but not in a bubbly way) and this bodes well for early-stage companies across the NW.

The biggest impact of the broader economic situation is if you’re getting close to an IPO. There’s some pessimism there.

And in case you’re wondering why entrepreneurs keep getting funded for every new idea they have, read this:

Our respondents view the inability to find top executive talent as the greatest challenge facing their portfolio companies.

It’s a rare day when you read a venture capital outlook and don’t see some version of the above statement.

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