Recent Exit Trends of Venture Backed Companies
Published Monday, August 22, 2011
The net return on venture investing tends to cluster in the bi-modal distribution, i.e. a substantial, or poor return. SVB Analytics has put together an eye-opening report on venture-backed company exits. The data is broken down by several industry types - software, hardware, biopharmaceuticals and medical devices/equipment. While there are a variety of takeaways, it does re-emphasize the relative difficulty in attaining "successful exits" (as defined separately by industry), exit prices in excess of $100 million and/or exit multiples in excess of 5X (based on all capital invested over time).
Read the report here.
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