Several people have remarked that this doesn't seem to be affecting technology entrepreneurship much, which seems true from what I've seen of software technolog

Several people have remarked that this doesn't seem to be affecting technology entrepreneurship much, which seems true from what I've seen of software technology startups in my area. However, not being able to get funding profoundly impacts other types of startups that have higher initial/research/production costs: green energy, manufacturing, basically anything that isn't just a website and iPhone app. And that's really a bad thing, because it seems that far too many entrepreneurs are now going the cool webapp/facebook plugin route because there's a seemingly high potential for profit in the area. But honestly, we need non-software startups too, and for that we need venture capital!