Despite recent stock market volatility caused by tensions in Ukraine and struggling economies in Europe, McCaffrey foresees total VC investments exceeding the $40 billion mark, which bodes well for tech funding. The last time total VC investments broke the $40 billion milestone was in 2001.
Barring some huge macro economic event, some market volatility can actually be a good thing, McCaffrey noted. For example, it can help keep interest rates low, and ease tensions that build up when markets climb steadily over a long period of time.
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