NYT: Here's What VCs in Silicon Valley Are Looking For
The New York Times takes a look at Silicon Valley VCs and where their heads -- ultimately their dollars -- will be in 2009.
Predictably, the recession has tempered any optimism with caution. The Times talked to several VC to see where their interests lie in 2009:
On the Web: " ... investors are looking for sites that make money in ways other than selling ads, like selling subscriptions or virtual goods."
Enterprise: " ... venture capitalists will invest in open-source software, Web-based software, Internet-based cloud computing and virtualization software that lets companies use less hardware to run applications."
Mobile: VCs are not high on apps for mobile phones. They're sticking instead with carriers and makers of phones and accessories.
Health Care: "Internet companies that help patients, banks and insurance companies manage health savings accounts or help people find assisted-living homes for aging parents are other likely recipients of investors’ largess."
Much more here.