Venture capitalists becoming choosier

But if events like Internet World 2000 in Hong Kong and the recent Gorilla Asia dotcom retreat in Thailand are anything to go by, it is actually a great time to be an entrepreneur, providing you have the right business. Those companies that do get funded are likely to get more money and more long-term support from their investors. But those who can’t get the cash, and there will be many, will either die out or be forced into consolidation.