On the heels of the fundraising data for 2011, PricewaterhouseCoopers and the NVCA released the 4Q 2011 and full year VC investment data. It was yet another year when VC’s invested ($28.4 billion in 3,673 companies) meaningfully more than we raised ($18.2 billion by 169 funds) – and as I have said in the past, this just can not end well. Observers of the VC industry keep referring to the industry as “burning off the overhang.” As a point of comparison, Dow Jones reported that VC’s invested $32.6 billion in 2011. Why do these sources report such widely divergent data – all the time?
Out of the blizzard of data I looked at this weekend, I thought I might pull out some interesting insights and trends which might be emerging. Feel free to challenge some of my conclusions.
To read the full, original article click on this link: Ring Out the Old Year….
