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Returns: The new ProcessingInstruction node Exceptions: INVALID_CHARACTER_ERR Raised if an invalid character is specified NOT_SUPPORTED_ERR Raised if this document does not support CDATASection nodes (for example, the document is an HTML document)

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The venture capital community has been experiencing unprecedented change, both positive and negative, in the last decade From 1998 through 2001, approximately 700 VC firms in the United States raised and invested $200 billion in over 15,000 companies, the majority of them software and communications companies Roughly 33 percent of all venture investment activity in the US takes place in Silicon Valley, with the next highest regions (Southern California, Texas, and Boston) together comprising another 21 percent During this period, over 500 companies raised $50 billion through IPOs, and 1300 companies were merged or acquired for approximately $180 billion On average, it took 33 years from when the first venture capital firm invested money into the company until the company s IPO6 Needless to say, these were exciting times and many acquired inordinate amounts of wealth In spite of the recent and continued downturn in the overall US and global economies, the challenge of starting a company office space, recruiting talent has never been less expensive As Warren Buffett, renowned investor and head of Berkshire Hathaway, likes to quote his mother as saying, Buy low and sell high Moreover, if you are successful in raising venture capital, it is less likely that you ll see as many competitors being funded as you might have in the past Nonetheless, the standard/threshold has gone up on what is getting funded Gone are the days of funding a great (or even okay) idea with no defined business model, no viable path to profitability, and significant barriers to entry On the negative side, it is a challenging time to sell technology to an enterprise Many of the Fortune 500 companies have been impaired over the last few years by dedicating dollars and internal resources to early stage startups that have gone out of business As the saying goes, no one ever got fired for buying IBM Many enterprises were tantalized by the exciting technologies being developed in Silicon Valley and abroad.

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