NCET

The vocabulary of this month’s financial news has been dismal, with words like slumping, collapsing, and failure dominating the media lexicon. While the tumult has prompted credit scarcity, layoffs, and write-downs for many companies, the market for tech startups has remained a small and viable haven.

It may seem sanguine to use the word “haven,” since no corner of the economy is impervious to larger trends. But because venture capitalists work on long fundraising timetables and deal in liquid money, faltering banks and crises of credit don’t effect VC funds as acutely as they do other institutions. That means startups can continue be free to innovate and grow, with money in the bank. Read full story:

Technorati Tags: FastCompany, Chris Dannen, Venture Capital Funding, Eric Litman, entrepreneur, WashingtonVC, Michael Siebel, Justin.tv, Y-Combinator, New Enterprise Associates, Alsop Louie Partners, NCET, Nevada’s Center for Entrepreneurship and Technology

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