The Tech Sector's Venture Capital Is Drying Up

I liked the article but the title is misleading. IPOs are drying up (no venture-backed company IPO'd in Q208), not capital itself. Money quote from the PWRC report cited by the article: VC firms are "raising funds at a steady pace."

So maybe this is more of a macro-economic or early-exit issue than a "VC is drying up" issue.