The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient
Pascal's View
MAY 13, 2011
Amount of venture capital raised has exploded. Median age of a venture backed company hits 8.7 years in 2007- the longest gestation period since 1991: What has driven these changes to the capital markets and are they permanent or temporary? i. Pre bubble period 1991-1996 totals $28 billion. cents or 6.25
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