It's not just entrepreneurs and startup employees who are panicked about the downturn -- the deep-pocketed money men are just as nervous.
Venture capitalists may put on a happy face and claim that they're still investing in good businesses, but more than a couple VC firms will probably close shop this year along with their failed portfolio companies.
"Some VC firms -- I don't know how many -- will probably have to shut their doors and they won't be able to raise new funds," said venture capitalist John Doerr, while speaking at a VentureBeat round table discussion about the economy.
During the last downturn, a handful of high-flying VC firms -- such as the Barksdale Group(backer of HomeGrocer.com) packed it in. And by June 2001, roughly 45 percent of corporate VC firms shut down, according to one estimate.
We wouldn't want to predict the demise of specific VC firms, but we bet that you do. Give us your best bets and juiciest tips.
