In a survey of 29 Silicon Valley venture capitalists in December, the VCs mulled whether President-elect Donald Trump would buoy up their investment prospects with lower corporate taxes and government regulations, or worsen conditions by heightening global political instability and raising the risk of a major military conflict or economic downturn.
That Q4 2016 edition of a quarterly survey by University of San Francisco business professor Mark Cannice rated the overall confidence of the VCs at 3.81 on a scale of 5—-a number that remains almost unchanged in the latest survey taken in March and published Thursday. But the reasons behind the VCs’ fairly optimistic mood in Q1 2017 are quite different than in the preceding quarter. Political concerns have mostly given way to more routine factors, such as the IPO market and hot innovation trends like artificial intelligence. Read the story here.