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The index is based on information about venture capital returns and investments going back several decades.
"I had a bad taste about venture capital," Mr. Abhyanker explained, after losing control of FatDoor.
Mr. McDermott said he was generally optimistic about venture capitalists' chances for success in energy investing.
Forget what you hear about venture capital financing and software start-ups — those are very unusual situations.
In the city's pubs, the talk is about venture capital, stock options and Silicon Valley-inspired compensation packages.
Sequoia's warning may reflect the technology industry's woes, but it's more notable for what it says about venture capital.
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"We may not be at 2000's investment level, but we've stopped the decline and have begun turning around," said Mr. Sturm of PricewaterhouseCoopers. "Clearly, there's more optimism about venture-capital spending increasing for 2002".
Pepper, too, was wary about venturing to Hunts Point.
But for the first time, many Fujianese feel less urgency about venturing abroad.
What about venturing beyond the art world's top commercial galleries?
He said he knew people who were not ethnic Russians who were worried about venturing onto the streets.
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CEO of Professional Science Editing for Scientists @ prosciediting.com