Friday, January 2, 2009Venture-Backed Liquidity Reaches 5 Year LowU.S., venture-backed companies are seeing their lowest liquidity in five years, according to a report released today by Dow Jones VentureSource. Dow Jones found that there was only $24.1 billion in IPOs and M&A in 2008, making 2008 the worst year in terms of liquidity for the venture capital industry since 2003. Dow Jones said the totals were down 58% from the liquidity produced in 2007. In the fourth quarter, there was only $3.9 billion generated via merger and acquisitions, and no IPOs. Jessic (More info...)
posted on Friday, January 2, 2009(Full story)