VC Activity for Tech Firms Drying Up?

Courtesy DaniWeb IT Discussion Community (Featured Entries)  Tue, 10/07/2008 - 12:40

The stock market seem to be stabilizing, aided by news that the Federal Reserve will buy up short-term debt in order to get companies financially interacting again.

I won't get into the gruesome details, but buying up short term debt (known as commercial paper on Wall Street - a mechanism that enables companies to borrow money overnight or or over the course of a few days) is an area that the Federal Reserve rarely gets into.

Of course, these are...

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