Confidence among Silicon Valley VCs in business conditions ahead rose modestly in the final three months of 2012 for the second quarter in a row, suggesting rising optimism among investors.

Confidence over business conditions in Silicon Valley’s venture capital community rebounded slightly in the third quarter despite worries about stubbornly high private-company valuations, according to the Silicon Valley Venture Capitalist Confidence Index.

Venture capital confidence in business conditions ahead retreated in the second quarter with Facebook’s bungled IPO casting a shadow over prospects for startup company liquidity, according to the Silicon Valley Venture Capital Confidence Index.

Early-stage investing is chugging along at a nice pace. But Silicon Valley venture capitalists are less confident about the months ahead than they were during the financial tumult of the fall. This is according to the Silicon Valley Venture Capitalist Confidence Index prepared each quarter by Mark Cannice, a professor at the University of San [...]

Silicon Valley venture capitalists are feeling more upbeat about business conditions than they have at any time in the past three years, according to a survey of VC sentiment. An uptick in fund-raising and a more welcoming IPO market lifted spirits in the first quarter, boosting the Silicon Valley Venture Capitalist Confidence Index to 3.91. [...]