NEW YORK, June 22, 2011 /PRNewswire/ -- Venture capitalists from around the world say the current level of IPO activity is too low to support the health of the venture capital industry in their respective countries, according to the 2011 Global Venture Capital Survey sponsored by Deloitte and the National Venture Capital Association.
More than 80 percent of global venture capitalists surveyed stated that current IPO activity levels in their home countries are too low. The survey, conducted annually, reveals that venture capitalists believe high returns generated by IPOs are critical in providing superior returns to limited partners and growth capital to developing portfolio companies.
Venture capitalists in the United States, China, Brazil, India and France found it most important to have an active IPO market in their home countries, followed closely by the United Kingdom, Canada, Germany and Israel. In the U.S., where there has been a large and active venture capital and entrepreneurial community for many years, 91 percent of venture capitalists deemed the U.S. IPO market a critical element of the U.S. venture capital industry. In contrast to the global trend, only 36 percent of U.S. venture capitalists said that IPO markets in other geographies were essential to the success of the U.S. venture capital industry.
To read the full, original article click on this link: Deloitte, National Venture Capital Association Study: Stronger IPO Activity Vital to Health... -- NEW YORK, June 22, 2011 /PRNewswire/ --
