Dec22nd2006

VC’s betting on Energy, Internet, & Asia for 2007

According to this CNET article, it looks like venture capitalists are betting big on Energy and Internet startups, as well as companies outside the US (read Asia).

From the article:

“The National Venture Capital Associations (NVCA) on Monday published the results of a survey of 200 venture capitalists, conducted earlier this month, which indicates investment plans for the coming year. Venture capitalists said start-ups in hot sectors will continue to attract dollars. … Investment in energy-related companies was projected to increase by more than 90 percent, while Internet and media-related investments are expected to climb about 70 percent.”

Here’s hoping that Houston startups get a good piece of that pie.

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