nuclear winter
n.—Gloss: A period in which investment capital is very hard to come by.
«I invest in Silicon Valley companies. In 2001-2004 there was a nuclear winter for deal flow dried up almost 100%. Lots of people going back to business school. I haven’t seen that to date. The environment has not changed at all. Innovation in SV is alive and thriving and the deal flow is wide open. It won’t be as bad as the Winter.» —“TC50: Angel Investors Say Now Is Their Time” by Mike Butcher TechCrunch Sept. 8, 2008. (source: Double-Tongued Dictionary)
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