5. “ Angels need to be honest with themselves and not ignore the reality of limited resources available to do new deals even while ‘protecting our own children.’ In the coming months alluring new opportunities will have to be reviewed in light of the blight of our existing children.” John May – Chair Emeritus Angel Capital Association October 14, 2008
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7. "During the bubble, something like 1,600 companies were funded… I see VCs clearing out a minimum of one-third plus of those investments… It’s why you have to keep your powder dry. You really have to watch what’s going on." Marty Pichinson – Sherwood Partners October 24, 2008
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11. Q3 2008 VCs invest $22.6 billion Source: PricewaterhouseCoopers/National Venture Capital Association