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For Silicon Valley Internet entrepreneurs, the changing dynamics of the venture capital finance business are not a bad thing.
"We think losses in capital finance will stabilize in 2010 and start to decline," Mr. Immelt said.
RDF media, producer of Faking It and Wifeswap, is seeking venture capital finance, fuelling speculation about further consolidation in the independent TV sector.
"We are in the process of replacing some or all of this program with something else," said Frank R. Hoadley, Wisconsin's director for capital finance.
Entrepreneur James Davis* secured £100,000 in venture capital finance to start an IT business, in exchange for a 50% stake in his company.
The institutional investors that are the backbone of venture capital finance -- pension funds, insurance companies and university endowments -- have generally seen poor returns on these investments over the past decade.
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Venture capital financing of start-ups sank 37 percent from 2008 to 2009.
HSBC's head of global capital financing, Kevin Adeson, will join Better Place's board.
Several YouTube video producers, including AwesomenessTV, StyleHaul and Blip.tv, have received venture capital financing.
Others insist that in a system with 1,700 parks, more capital financing is needed.
Months after he graduated, he secured $5.7 million in venture capital financing from Adams Capital Management.
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