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Returns on venture investments beat Wall Street's major indexes at the end of last year, something that hasn't happened very often since the tech bubble burst 14 years ago. Late-year jumps in IPOs and mergers and acquisitions drove the U.S. Venture Capital Index up to 11.91 percent in the fourth quarter, according to a report this week from the National Venture Capital Association. That beat the Dow Jones Industrial Index (10.22 percent), Nasdaq Composite (10.74 percent) and S&P 500 (10.51 percent).

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To read the original article: Venture capital returns beat the stock markets, but will it last? - Silicon Valley Business Journal