Average Age: 47 years oldAverage Annual Income: $90,000Average Net Worth: $750,000Average Individual Investment per Venture: $37,000Investment “Hit Rate”: 1 out of 10 deals 59% 43%
Source: Investor Pitches
Per Capita 34th Dollar Share & Deal Share ~0.24% - 0.27%
1. The Private Company Flexibility and Growth Act • Small company shareholders 500 1,000.2. The Entrepreneur Access to Capital Act • Loosens SEC regulations for “crowdfunding.”3. The Small Company Capital Formation Act • Easier for small businesses to go public.4. The Access to Capital for Job Creators Act • Advertise to solicit investors.5. The Reopening American Capital Markets to Emerging Growth Companies Act • Reduces the cost of going public.6. The Capital Expansion Act • Community bank shareholders 500 2,000.
10 IPOs to look for in 2013 Fortune spoke with analysts, VCs, and investment bankers to uncover 10 companies that are prime IPO candidates in 2013.Twitter backed by DST, Mail.ru and JP MorganViolin Memory backed by Toshiba and JuniperSquare backed by Visa, StarbucksXoom backed by SVB Financial GroupDropbox backed by Goldman SachsArista Networks founded by Bechtolsheim, Cheriton, and DudaBox backed by SAP Ventures and SalesforceMarin Software backed by SAP VenturesKabam backed by Intel Capital, Warner Bros and MGMOpower backed by General Electric
2.7% of private-sector firms in South Carolinacontributed 66.8% of all net employment gains from 2004-2008
Key Issues Capital Markets Gap Business Environment Recommended Initiatives Direct financial incentivesMore formalized Business Network (i.e. strengthen the ecosystem)