Venture Capital Comes Back from the Brink

"It's always darkest before the dawn." Nowhere is that cliche more applicable than in today's venture capital industry. When compared to the beginning of any of the prior six decades, things appear pretty bleak. However, it's precisely because the industry has been so beaten down from its tech bubble heights that great opportunities are just waiting for the taking. What's ahead, and what are the implications for entrepreneurs, investors, and the broader economy? Keep reading to find out.

William Sahlman, a .....