The latest MoneyTree study by Pricewaterhouse Coopers and the NVCA have some in the Venture Capital universe encouraged. Several statistics seem to justify the optimism.
From data compiled by Thompson Reuters, the study finds the average Venture deal size reaching $8 million for the first time since 2007’s first quarter. Total dollar amounts for deals also rose to $5.9 billion. The numbers also reveal 14 companies receiving $50 million or more, the highest number since 2001. 4 of the 14 were for $100 million plus.
On the flip side, 736 total deals invested nationwide is the lowest since the 3rd quarter of 2009. With total deals down, the rise in average deal size accounts for the total combined deal volume increase to to $5.9 billion, but the study notes this increase is slight.
To read the full, original article click on this link: First Quarter Venture Data a Mixed Bag | WiredVC | Venture Capital and Funding News
Author: Joseph Wise
