U.S. VC Investment Down 8% in 2008. Last Quarter Slowest Since 2005

It's actually kind of encouraging that the last quarter wasn't worse, considering how serious the economic situation is supposed to be. 2005 wasn't a terrible year. The Nasdaq is back where it was in 1998.

Consider the following before you start worrying whether or not some VC will or will not start pouring money into your application. Are your users pouring time into your application? Is your application even in production? What is holding you back from putting your application into production?

Quit whining about the economy and put your application into production; IMHO, VC is over-rated, and even if your new application does find funding, it is a poor indicator of the success of your product. Over here at HN, I think we sometimes get all caught up in whether or not we can find funding and pre-optimize our product for profitability. Don't do it, remember what you're making, who will use it, why they are using it, and how often they are returning to use it.

great, just great. So much for funding this year :(