Submitted by The Standard02.05.2008
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This prediction is closed and has been judged.
The University of San Francisco's Venture Capitalists' Confidence Index dropped to 3.54 in Q4 2007, from 4.14 the previous quarter (see the index and Dr. Mark Cannice's analysis here). Oil can't go higher in the current quarter. A drop of $10-$20/barrel in the next month and a half would reduce concerns about inflation, boost Wall Street and foreign markets, and bring back VC confidence. When this index is updated for Q1 2008 (in late April), confidence will rise to at least 3.70.
Prediction Statistics
| Betting Closes: | Apr 22 2008 | Current Consensus: | 12.46% | Total Bets: | 50 |
| Today's Change: | -2.34% | ||||
| Life Time High: | 50.00% | ||||
| Life Time Low: | 12.46% |
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The University of San Francisco has calculated the Q1 2008 result for the VC Confidence Index, and the prediction was wrong -- the index declined, according to a message from USF's Dr. Mark Cannice. On Friday, April 18, he will publish the Q1 results, and will also provide analysis for The Industry Standard. Both will be linked from this prediction.
The link to the latest data is here.
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