Will the current 'recession' have an impact on web 2.0 funding?

Unless you have been living under a very large rock, you are well aware of the financial turmoil that is ripping through financial markets and the housing sector in the US. It has been causing outrageous commodity prices, higher than normal market volatility, and a general 'bearish' attitude towards the worldwide economy.

So then, what are the effects of these jitters on the investment environment for investors that invest in web 2.0 related ventures?

For starters, many argue that the Tech IPO Window has Slammed Shut. That being said, I think entreprenuers are going to have to face some realities.

There is a good thread on LinkedIn about this, readable here:

http://www.linkedin.com/answers/financial-markets/equity-markets/MKT_EQU...

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