Valuations of U.S.-based companies raising later-stage venture rounds in 2012 hit the highest level in 12 years although the rise slowed from 2011, according to industry tracker Dow Jones VentureSource. The data show that private investors remained bullish on these companies even in a year when the highly anticipated initial public offering of venture-backed Facebook FB +0.33% proved a disappointment, with critics saying it was overpriced. The data also show a healthy increase in second-round valuations over the last two years to reach a post-bubble high in 2012.
To read the full, original article click on this link: The Daily Startup: Valuations for Later-Stage Rounds Hit Post-Bubble Highs - Venture Capital Dispatch - WSJ
