Economy May Not Recover Until 2012

Posted on: November 3, 2009 by Deborah GageNo Comments »

At this morning’s Churchill Club breakfast in Silicon Valley, two private equity pros, a venture capitalist and an angel investor were asked to peer into the future.

In addition to the usual observations — the VC industry will shrink by half next year, capital is still tight, exits are still tough, portfolios are full of troubled companies — they had some fresh takes.

Panel members were Rich Garnick of the ConJoin Group, Rich Lawson of Huntsman Gay Global Capital, Rajiv Batra from Mayfield and Rich Brenner from the Brenner Group (he’s the angel).