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Public market skittishness again impacted exit activity, with NO venture-backed IPOs in the second quarter. There were 56 M&A deals for venture-backed companies, down from 89 in the second quarter of 2007. Average M&A pricing did rise to $171 million,...
The credit-related traumas impacted exit activity in the first quarter, with only 5 IPOs and 56 M&A deals for venture-backed companies, down sharply from recent levels. We don't expect the IPO market will recover until after the election. We would...
I cannot restrain from rejoicing at Eliot Spitzer's resignation today. For years, I have been distressed by the damage he has done to Wall Street. Now that his credibility has been destroyed, I hope we can revisit his actions against...
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