SAN FRANCISCO–The U.S. venture capital industry closed 2007 with the greatest liquidity it has seen since the year 2000.
In the year’s final quarter, VCs pulled in nearly $16.2 billion in liquidity from the sale of 106 venture-backed companies. It also raked in more than $2 billion from IPOs of 26 companies. The figures are from Dow Jones Venture Source.
The annual total for VC-backed liquidity rose to about $52.9 billion, highest since 2000.
The M&A activity in the fourth quarter of 2007 more than doubled the amount from 2006 transactions, while the amount raised from IPOs jumped 65 percent.
Jessica Canning, the director of global research for Dow Jones VentureSource said, “Without question, 2007 was a banner year for venture-backed liquidity.
“Not only did the industry have the largest number of completed public offerings since 2000 with 74, but it also saw the annual median amount raised at IPO break $75 million for the first time on record.”
On the Web: www.dowjones.com
- 2008 slowest year for VC-backed liquidity since 2003
- Venture-backed companies see best liquidity since dot com boom
- VC liquidity events fall to lowest since 2003
- Dow Jones: Q1 M&A liquidity falls to lowest since 2005
- Venture-backed exit activity fell in 2011, positive signs for 2012
© 2008, TechJournal. All rights reserved.