Fast changes for Venture Capitals and Angels in technology

Wellington Financial, a Toronto-based "venture debt fund", posted yesterday statistics for the VC industry in Canada, for the IT industry. For the first half of 2007, a total of $200 million deals were reported, compared to $234 million in 2006, $460 million in 2005, and $1.2 billion in 2001. The author is alarmed and puzzled on how the figures are so low.