Japan’s venture market depressed
The Japan Venture Capital Association has reported that venture capital investment made in 2009 fell by about 40% to ￥37.8 billion ($417 million) over 472 deals from one year ago, an even more marked sharp drop compared with 2007, when VCs invested about ￥193 billion ($2.1 billion).
Activities of venture capitalists have ebbed since their portfolio companies have been affected by the onset of the economic downturn, giving no option for investors to exit while they struggle with...
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