Fantastic Tool: Google News Timeline – Analysis of VC Industry Crisis
Posted: April 22nd, 2009 | Author: Chim | Filed under: Fun, Tools | Tags: Articles, Beta, Google, News, Tools | No Comments »
Another great tool from Google: Google News Timeline.
Google News Timeline - Venture Capital results from 2001
It shows all the news that you search in a timeline! You can see the news in a more coherent way. It is much easier to build stories and check for historical patterns.
Before moving to my comparison of Internet Burst news and the current crisis, let me ask you when these headlines were written (don’t read them yet)?
Venture Capital Firms Face Stricter Regulations
Venture capital harder to find for companies in search of funding sources
Venture capital investments plunge 23%
Boston-Area Venture Capital Firm Slashes Investment Fund by 63 Percent
Attempts to Find Capital Frustrates Toledo, Ohio, Wireless Internet Founders
Venture Capital: Cautious VCs again looking at incubation
Second-Quarter Chill Continues for Venture Capital
Venture capital downturn worsens
Guess what? All these news were written in 2002! They are very similar to the news that we have about the venture capital industry today as you can compare here:
Venture capital slashed $476 million in quarter
Is Venture Capital in Trouble?
Venture capital performance among worst in a decade
College Endowments Deserting Venture Capital
Bleak outlook for venture capital as Silicon Valley tries hand at self-funding
National Venture Capital Association predicts investment slowdown into 2009
Venture capital industry squeezed
Venture capital-backed IPOs hit 30-year low in 2008
Venture Funding in First Quarter Drops 50 Percent
As you can see, it looks that the news are very similar between 2002 and 2009. Who knows if we may have a similar downturn period of two years as you can see below.
Internet Boom Burst
The bad news started to pop up from April 2002, with the news: Venture capital harder to find for companies in search of funding sources, until February 2004, with the news: Technology Venture Capital Fund-Raising Accelerates.
2 years of VC industry downturn.
Current Crisis
It started from October 2008, with: The Tech Sector’s Venture Capital Is Drying Up, and it continues with today’s: Venture Funding in First Quarter Drops 50 Percent.
Seven months of VC industry downturn.
If this pattern happens again, we may still have to wait 17 months before any big good news! It will be the time of my MBA graduation.
