The good news is that unlike 2001 and 2009–venture capital funding did not come to a screeching halt. Instead, venture capital funding is just down 10 to 20% off its peak. The world is awash in liquidity. Technology is the future. Some companies will fail; others will be acquired; and new disrupters will appear.

Source: North America Q2 Venture Report: Funding Down As Expected – Crunchbase News