Silicon Valley VC confidence index rises The study reiterated investor uncertainty over economic policies under an Obama or a Romney administration and stubbornly high market valuations - despite IPO flops from Groupon, Zynga and Facebook. Mark Cannice, a professor at the management school, surveyed 31 venture capitalists and found that they are focusing less on "social" businesses - finding the next Twitter - and increasingly on analytics outfits trying to make sense of myriad data sets wrought from the Internet, along with startups trying to disrupt existing business-focused technologies. Cannice sent out the annual survey in the end of September and asked investors to rate their confidence in the Bay Area as a "high growth entrepreneurial environment" over the next six to 18 months and develop an overall confidence index ranging from 0 to 5. Chile launched "Start-Up Chile" to keep homegrown talent and lure people turned away by American immigration policies.