New York venture capitalists wise up in light of stock market plunge

As stock markets begin to rally, and investors shift to recovery mode, venture capitalists are bracing themselves for what could happen next if another downturn occurs. Between last week - deemed the worst week for American stocks since 2011 - and the renewed sell-off on Monday , Silicon Alley players may be getting flashbacks from the 2008 timeframe, he told New York Business Journal.