According to the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association (NVCA), venture capitalists invested $29.4 billion in 3,995 deals in 2013, an increase of 7% in dollars and a 4% increase in deal volume over 2012 levels.  The full Q4 and FY 2013 investing trends are available here.

A couple of interesting highlights for 2013:

  • Internet-specific companies captured $7.1 billion, marking the highest level of Internet investment since 2001.
  • Investments into the software industry also reached their highest level since 2000 with $11.0 billion flowing

Continue Reading 2013 annual venture investment dollars rise 7%

The National Venture Capital Assocation (NVCA) recently released information regarding Q1 2012 VC fundraising and investment amounts.  They note that in the first quarter of the year, 42 venture funds raised a total of $4.9 billion while venture funds invested $5.8 billion in 758 deals in the same period.  You can find additional data, including details broken out by geographic regions, on the NVCA site here.
Continue Reading Venture Capital Fundraising and Investing – Q1 2012

The 2011 Venture Census results were released this week by the National Venture Capital Association (NVCA) and Dow Jones VentureSource.  This survey, first conducted in 2008, analyzes the demographics of venture capital professionals in the United States.  Although there was a small increase in ethnic diversity among current venture capitalists (an increase from 12 percent in 2008 to 13 percent in 2011), the number of women investor (non-administrative) professionals decreased from 14 percent in 2008 to 11 percent in 2011 while women administrative professionals accounted for 62
Continue Reading Venture Capital Census 2011

With the failure of the Congressional Supercommittee to reach agreement by its deadline, some $1.2 trillion in automatic discretionary defense and non-defense federal spending cuts are set to become effective January 1, 2013 (although it remains to be seen what will occur in the intervening year).  One venture capital-related aspect of the failure to reach agreement is that there will be no action taken on changing taxation of carried interest for calendar year 2011, and likely not for 2012.  Mark Heesen, President of the National Venture Capital Association (NVCA) has
Continue Reading Super Committee Failure may mean no Changes to Carried Interest in Near-Term

Megan Muir

The National Venture Capital Association (NVCA) and Cambridge Associates LLC have released results of their venture capital fund performance study showing some positive signs, as summarized in this NVCA press release.  Some details regarding returns over time are available here: NVCA Q2 2011 VC Performance and the entire report can be downloaded here.  As noted in the report, Q2 2011 is the first quarter since Q3 2009 in which the 10-year returns have been positive.
Continue Reading Venture Capital Returns Looking Up

Megan Muir

Thomson Reuters and the National Venture Capital Association issued their “Exit Poll” report for Q3 2011 today, showing a marked slowdown in venture-backed IPOs compared to Q2 2011.  According to the report, only 5 venture-backed companies went public in the third quarter (compared to 22 in Q2 2011), while M&A activity among companies with VC investors was down slightly in volume (33 in Q3 versus 35 in Q2) but up 8% in aggregate deal value ($6.3B) relative to Q2 2011 ($5.8B).  John Cook of Geekwire has 
Continue Reading No Surprise: IPO Activity Slow in Q3 2011