This study isn't focused on Clean Tech, but is a more general study of VCs' attitudes. It shows a drop in confidence for the third quarter, hardly a surprise given the current economic situation. Of course, the study only started 4 years ago, a pretty short time really. I personally think we are in the ultimate "disrupted market" right now. There will be big losers, but ultimately, there will be huge winners too.

In a study released Wednesday by the University of San Francisco, Mark Cannice, founder of USF’s Entrepreneurship Program, found that venture capitalists’ confidence is at its lowest level since the university began surveying venture investors in 2004. In total, San Francisco Bay Area venture capitalists’ confidence in the third quarter was measured at just 2.89 out of a scale of five, down from 3.07 in the previous quarter.