article thumbnail

How’s Venture Capital Changing in 2023

VC Cafe

Seed and pre-Seed investment levels and valuations remain healthy, there’s more talent in the market and less competition. Maybe surprisingly, but emerging managers in particular, outperformed ‘blue chip’ funds from 2004 to 2020. Eze Vidra, Remagine Ventures Venture remains attractive but LPs have been burnt With a 11.5%

article thumbnail

Capital Market Climate Change

Ben's Blog

You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/31/2004: 31.6. So, the average company on the S&P 500 IT index with $10M in annual earnings would be worth $210M in March of 1995, $820M in March of 2002, $310M in March of 2004 and $155M in March of last year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Capital Market Climate Change

Ben's Blog

You probably thought that valuations would be roughly the same as they were the last time you raised money. 3/31/2004: 31.6 So, the average company on the S&P 500 IT index with $10M in annual earnings would be worth $210M in March of 1995, $820M in March of 2002, $310M in March of 2004 and $155M in March of last year.

article thumbnail

How NZ entrepreneurs can up their capital raising game

NZ Entrepreneur

Valuations. If a valuation is too low, the founders become over-diluted over time and will struggle to do a later series A or B raise if they’re sitting at single digits – global venture capitalists (VCs) won’t touch this scenario. A simple metric – when I registered my first company in 2004, the naming space was wide open.