The persistent shakiness of global stock markets isn't just putting the hurt on your 401(k): It could be lowering the odds of the next Google (GOOG), Facebook or Apple (AAPL) seeing the light of day. Venture capital firms raised less money last quarter than at any point in the past eight years, according to the National Venture Capital Association in Arlington, Va. Wall Street's cool climate for initial public offerings of stock has made it tougher for venture firms to post the hefty returns they need to coax university endowments, pension funds and other so-called "limited partners" into ponying up for new investment funds.
To read the full, original article click on this link: Funding for venture capital industry plunges - San Jose Mercury News
