Remove 1996 Remove 2009 Remove Government Remove Venture Capital
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Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem

Pascal's View

Unfortunately, Mr. Slywotzky makes an important assertion about venture capital that is incorrect. First, the venture capital business is contracting severely: From the April 18th, 2009 NVCA/PWC Moneytree report: “Venture capitalists invested just $3.0 ” FULL STOP.

IPO 38
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What if it’s 1996, not 1999?

Seeing Both Sides

In May 1996, Open Market completed a successful IPO and more than doubled on the first day of trading, ending with a $1.2 billion market capitalization. The average venture capital fund raised between 1995 and 1997 returned more than 50% per year. But what if it’s actually more akin to 1996? We had recorded $1.8

IPO 48
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The Rise of the Secondary Market for Emerging Growth Equities– Necessary But Insufficient

Pascal's View

Amount of venture capital raised has exploded. i. Pre bubble period 1991-1996 totals $28 billion. ii. Bubble period 1996-2000 totals $243.6 iii. Post bubble period 2001-2009 totals $218.2 Number of IPO’s has shrunk while average size has increased.

Equity 31
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Barron’s Article on Tech IPO’s Misses the Importance of the Extinct Sub-$50 million IPO

Pascal's View

”, written by Mark Veverka, asserting that “venture capitalists want to widen the playing field for the underwriters.” ” The story includes quotes from former National Venture Capital Association (NVCA) chairman Dixon Doll of DCM and investment banker Paul Deninger, who is the vice-chairman of Jefferies & Co.

IPO 40