Recognize that money flows around VC and the stockmarket, and when Wall St. has a major meltdown issue like Lehman happening.  Or more importantly, the AIG scenario. This means things are bad.  not a little bad, but very bad.

 

The idea that LPs are going to be more wary of investing in VCs is growing.

 

With banks reducing their lines of credit, companies that were planning on getting loans are starting to look at equity cash for support.  Which means investors have to consider their dry powder when looking at new companies, and the current portfolio.

 

If your business plan is currently built on getting another round of financing at a higher valuation, in a short amount of time...  What happens when the time is stretched?  Can you survive?

 

We are probably going to see some problems of this type in solar companies.  As the production tax credit is not renewed in time, what are the customers thinking?  When could they start buying? when would they want to do the capital expenditure? can they borrow the money they need?

 

Given all that's happening, business as usual won't work any more.

 

Not quite time to panic, but it is time to be concerned.