The number of venture-capital-backed IPOs plunged in Q1 2015 to the lowest level in two years, in the wake of a huge number of VC-backed companies that went public in 2014, a VC trade group said on Monday (April 6).
The National Venture Capital Association (NVCA) counted 17 IPOs that raised a total of $1.4 billion in the first three months of 2015. That’s less than half the pace of Q1 2014, when 37 VC-backed startups went public to raise a total of $3.4 billion.
