According to the latest NVCA industry stats, most venture capitalists predict investment increases in Business IT, Healthcare IT, and to a lesser extent Consumer IT, the latter being the sector of greatestexpectations last year.
Although the U.S. showed the greatest gains in the quarter, Europe also surprised market observers because expectations for activity were so low given stock markets' volatility in much of 2011, largely the result of concern about the euro-zone debt crisis.
Andy was also unlucky to have immediately followed the greatest stretch of American tennis in the history of the sport, because doing so raised the expectations of American tennis and sports fans unrealistically skyward.