News
No venture-backed IPOs in last quarter. First time that’s occurred since ’78
October 1, 2008 /
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The market for initial public offerings in the U.S. hit a 30-year low last quarter, making it harder for startups to find exits and for venture capitalists to return money to investors, according to a new report.
For the first time since 1978, there were no venture-backed IPOs at all in that time period, and the pace has barely picked up since.
By DEBORAH GAGE
SAN FRANCISCO CHRONICLE
Full Story: http://seattlepi.nwsource.com/business/381246_venturecapital01.html
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Posted in: Funding and Building your Business