U.S. capital investment falls by 61 %

In the first quarter U.S. venture capital investments fell to $3 billion by 61% and the level is lowest in the last 12 years. National Venture Capital Association said the investments in 2007 and 2008 have lowered by 87 % and that will affect the clean energy deals.

Venture capitalists are more interested in retaining companies they already have and vice president of the research unit said we are facing difficult situation and are trying to find out what has to be done.