Your SlideShare is downloading. ×
0
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
NJTC
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

NJTC

469

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
469
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. NJTC Venture Capital Update 2010 February 5, 2010 Mark G. Heesen President
  • 2. Capital under mgt & # firms peaked; Industry capital now $197B Source: NVCA 2008 Yearbook prepared by Thomson Reuters
  • 3. VC Fundraising Matches Investment - DOWN! Source: Thomson Reuters/NVCA Does not include Corporate Venture groups.
  • 4. Investment Marches On -
  • 5. VC Investment Peaked in 2000; 2008 Was Down 8%; 2009 was $18B Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters $103B $28B $18B
  • 6. What does 2009 portend for 2010? Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 7. Clean Technology investment grows significantly – more than 10% of investment Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 8. “ Later Stage” is bloated with companies which can’t move on Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters * - Through 3Q 2009 848 311 # Later Stage Deals/Year 30.1% 11.1% Later as % of Deals 721 1,181 # First Time Fundings/Year 40.2% 47.1% % of Deals in Seed & Early Stage 2,814 2,802 # Venture Deals/Year Most recent 4 qtrs* 1995-1998 Metric
  • 9. Jersey Boys … and Girls What’s Up? Note that data “cuts” can be done from the historical trend data section of www.pwcmoneytree.com or from the National Aggregate Spreadsheet which can be downloaded from that site.
  • 10. New Jersey Tracks Slightly Better than National – $ Millions Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 11. Most Recent 12 Quarters: NJ Totals Driven by Some Large Deals $ Millions * Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 12. Bubble years aside, NJ has created a steady flow of “first fundings” Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 13. MoneyTree Sector Splits – Life Sciences Run the Show! (NJ 56% vs National 34%) VC Dollar Investment in NJ – 2007-2009 Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 14. The Exit Scene - the importance of acquisitions has become clear over the past several years
  • 15. IPO Levels Were Good in 2004 and Okay in 2007; Awful Now Source: Thomson Reuters/National Venture Capital Association
  • 16. One word for IPOs in 2008-9: Awful Source: Thomson Reuters/National Venture Capital Association
  • 17. What’s in the IPO Pipeline? Dismal Short Term… Source: Thomson Reuters/National Venture Capital Association
  • 18. M&A Exits Aren’t Providing Much Liquidity Either, but Improving Source: Thomson Reuters/National Venture Capital Association
  • 19. Acquisitions Market Has Some Potential in 2010 Based on Improvements in 2009 Source: Thomson Reuters/National Venture Capital Association – Undisclosed txns are prorated
  • 20. Public Policy and The Venture Industry Some Wins; Many Challenges …
  • 21. History has shown VC Deploys Capital To Most Promising Sectors: Four Examples (“Sector Churn”) Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree™ Report, Data: Thomson Reuters
  • 22. www.nvca.org

×