When I saw two launching today I automatically thought this had to do with the economy souring. I had just read Jeff Clavier's tweet:

Just maybe? The VC industry is going to wake up and go back to value investing - not FOMO throwing cash at everything, no matter the price

But Dave McLure says it's business as usual

http://blogs.wsj.com/venturecapital/2011/08/08/early-stage-i...