The industry is searching for equilibrium between the number of funds (or amount of investable capital) and the number of fundable ideas and teams.

FORBES: Silicon Valley 2.0: The Evolution Of The VC Industry

Most successful venture capitalists will tell you there is too much money going into venture and a scaling back of the industry would be healthy as the market seeks to find its equilibrium.

FORBES: U.S. Venture Capitalists: We're Outta Here