Q: How do/will market corrections like we've seen in the US affect venture funds and venture funding, even if concerns are supposedly only about the housing credit market?

A: (Jason). No one can say for sure, but some folks think the credit crunch will be helpful to VC fund raising. The idea is that with rising interest rates, buyout and other PE activities will slow and investors will turn to venture capital funds to place their alternative assets class investment funds. We’ll see if this actually plays out. There have been some early observations, but it will be some time before we know of the first and second order effects, if any.