By  on July 24, 2012

Venture capitalists’ confidence in the second quarter scaled back to 3.47 from 3.79 on a 5-point scale in the first quarter.

The 34th consecutive quarterly survey, dubbed the Silicon Valley VC Confidence Index Report, measures the confidence of those in the VC hub in the San Francisco Bay Area of Silicon Valley over the next six to 18 months. The current findings of the Silicon Valley Index were based on a survey conducted last month with 30 Bay Area venture capitalists.

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