Thursday, August 12, 2010

Valuations Up In Q2, Says Report

A venture capital survey from a Silicon Valley law firm, finds that valuations for venture backed firms improved in Q2, at least for companies surveyed in Silicon Valley. According to the Fenwick & West LLP Second Quarter 2010 Silicon Valley Venture Capital Survey, up rounds exceeded down rounds by 55 percent to 27 percent over the 126 technology and life science companies in Silicon Valley analyzed by the firm in Q2. About 18 percent of venture rounds had flat valuations. That compares favorably to Q1, when up rounds represented 49 percent of rounds, with 32 percent down and 19 percent flat. Fenwick & West said valuations held up best in software, internet/digital media and cleantech deals.