The document summarizes key findings from the Halo Report, which analyzes US angel and angel group investment trends. Some highlights include:
1) The median pre-money valuation for pre-Series A deals by angel groups over the past 12 months was $2.5 million.
2) The median size of "angel rounds" (those including only angels and angel groups) remained steady at $700k in Q1 2012.
3) Angel groups syndicated 75% of deals in Q1 2012, continuing an increasing trend of co-investment.
Dr. Julie Schoenman’s presentation for the MILI Actuarial Seminar series, “A Detailed Look at US Health Care Spending,” covers recent trends in public and private spending as well as the implications of rising spending for the federal budget outlook and for consumers.
Dr. Julie Schoenman’s presentation for the MILI Actuarial Seminar series, “A Detailed Look at US Health Care Spending,” covers recent trends in public and private spending as well as the implications of rising spending for the federal budget outlook and for consumers.
Mercer Capital\'s Business Development Companies Quarterly Newsletter: Q3 201...traviswharms
Business development companies are an important and growing source of funding for middle market companies. Along with private equity and other investment funds, BDCs provide billions of dollars of investment capital to private companies in every segment of the economy.
For over thirty years, Mercer Capital has met the valuation needs of the same middle market companies to which BDCs and other funds provide capital.
This quarterly newsletter tracks the financial and stock market performance of the public BDCs.
Study of Debit, Credit & Prepaid Programs. Member Preferences and Marketing S...NAFCU Services Corporation
The Discover Spending Monitor is a quarterly report that polls over 8,000 consumers on a monthly basis. This survey details the spending intentions of consumers and reports trends about their outlook of finances and their perception of the economy. It is unique because it is the only survey of its kind to measure the behavior of credit union members. Lately, there has been a spike in consumer confidence, which opens the door for credit unions to grow and market their products. So how sharp is this increase in consumer confidence? How can your credit union take advantage of this opportunity? This presentation will provide a detailed analysis of current trends and point out how your credit union can take advantage of the improving economy. Learn more at: www.nafcu.org/discover
Dr. Julie Schoenman’s presentation for the MILI Actuarial Seminar series, “A Detailed Look at US Health Care Spending,” covers recent trends in public and private spending as well as the implications of rising spending for the federal budget outlook and for consumers.
Dr. Julie Schoenman’s presentation for the MILI Actuarial Seminar series, “A Detailed Look at US Health Care Spending,” covers recent trends in public and private spending as well as the implications of rising spending for the federal budget outlook and for consumers.
Mercer Capital\'s Business Development Companies Quarterly Newsletter: Q3 201...traviswharms
Business development companies are an important and growing source of funding for middle market companies. Along with private equity and other investment funds, BDCs provide billions of dollars of investment capital to private companies in every segment of the economy.
For over thirty years, Mercer Capital has met the valuation needs of the same middle market companies to which BDCs and other funds provide capital.
This quarterly newsletter tracks the financial and stock market performance of the public BDCs.
Study of Debit, Credit & Prepaid Programs. Member Preferences and Marketing S...NAFCU Services Corporation
The Discover Spending Monitor is a quarterly report that polls over 8,000 consumers on a monthly basis. This survey details the spending intentions of consumers and reports trends about their outlook of finances and their perception of the economy. It is unique because it is the only survey of its kind to measure the behavior of credit union members. Lately, there has been a spike in consumer confidence, which opens the door for credit unions to grow and market their products. So how sharp is this increase in consumer confidence? How can your credit union take advantage of this opportunity? This presentation will provide a detailed analysis of current trends and point out how your credit union can take advantage of the improving economy. Learn more at: www.nafcu.org/discover
This is an opportunity that the american people can learn how to bank like a bank. Think when the back close they don\'t use no one to move money. They use a sophisticated software solutions to move and grow money. They use a Mathematical Algorithm. So, if a bank uses Algorithms to build wealth why can\'t the consumer can use an Algorithm to save money and build wealth. Contact me I can show you how you can do this just with your income you bring home now.
This is an opportunity that the american people can learn how to bank like a bank. Think when the back close they don\'t use no one to move money. They use a sophisticated software solutions to move and grow money. They use a Mathematical Algorithm. So, if a bank uses Algorithms to build wealth why can\'t the consumer can use an Algorithm to save money and build wealth. Contact me I can show you how you can do this just with your income you bring home now.
Civic Media Networks - Ecosystems for inclusive smart citiesArmand Bogaarts
Help build inclusive smart cities with a social ecosystem based on a local civic media network that provides feedback to all local stakeholders including donors (CSR, corporate philanthropy, crowdfunding), members, staff and volunteers.
The Halo Report is a nationwide survey of Angel Groups' investment activity produced by the Angel Resource Institute and Silicon Valley Bank with data from CB Insights. The Halo Report 2012 Year in Review shows angel investing for the year was stable with prior years. Pre money valuations for early-stage companies remained steady at $2.5M and round sizes were relatively consistent. The sectors and geographies getting funding are shifting, however, most notably with mobile and telecom companies gaining share of angel investment deals and dollars, while healthcare companies are losing share of angel investments. Companies in the Northwest and the Southwest US are gaining ground on the number of deals and total investments they receive over companies in California and New England.
The 2013 Halo Report finds angel investment activity on the rise with more high-valuation deals closed in 2013 than in 2012. While median round sizes held steady at $600K per deal, they were at a three year high when angels co-invested with non-angels. The share of angel investment in Internet, healthcare and mobile startups continued to increase. Golden Seeds, Tech Coast Angels, and Houston Angel Network, which is new to the list, were the three most active angel groups in 2013. With a continued progression toward more even distribution of investments nationally, entrepreneurs throughout the country are likely to find it easier to access angel investors for critical early stage funding. The Halo Report, put together by the Angel Resource Institute, Silicon Valley Bank and CB Insights, includes aggregate analysis of investment activity by angel investors and angel investment groups, highlighting trends in round sizes, pre-money valuations, and industry investment preferences.
The Halo Report is a nationwide survey of Angel Groups' investment activity produced by the Angel Resource Institute, Silicon Valley Bank and CB Insights. The Q2 2013 Halo Report shows angel investment round sizes dipped up to a median of $590K per deal, pre-money valuations remain stable at $2.5 million and 74% of angel group deals are syndicated. When angel groups co-invest with other types of investors, the media round size goes up to $1.95M. US angel investment continues to be dispersed nationwide. For the first time, the report separates Texas, which has 11% of angel group deals in Q2, behind California, New England and the Southeast. New England-based angel groups closed deals worth slightly more than deals in California in Q2. The sectors getting funding remain concentrated in Internet, healthcare and mobile, with 71% of completed Q2 deals and 79% of Q2 dollars in these categories.
The Halo Report is a nationwide survey of Angel Groups' investment activity produced by the Angel Resource Institute, Silicon Valley Bank and CB Insights. The Q2 2014 Halo Report finds angel group valuations continue a three-quarter climb and round sizes increased by $1 million for healthcare companies while dropping by $1 million for Internet companies. Round sizes overall dropped nearly 40% to $600K over the prior quarter when angel groups invested alone, but rose nearly 20% to $2 million when angels co-invested with other types of investors. Texas joined California and New England as the three most active regions for angel group deals.
Presentated at Seattle Angel Conferece 21 Final Event - Halo 2020 Angel Report Insights on a National and Regional Level and Seattle Angel Groups 2021 Insights
FiBAN's business angel training "Comparison of Finnish and US angel activity"...FiBAN
Presention shared by Dr. Robert Wiltbank at FiBAN's business angel training in Helsinki, 3rd of November.
All the presentations and videos are gathered here: https://www.fiban.org/robertwiltbank
Presentations given:
1. Comparison of Finnish and US angel activity
https://www.youtube.com/watch?v=UKdmr...
- Slides:
2. Angel Returns: https://www.youtube.com/watch?v=juuAK...
- Slides:
3. Effective business angel strategies: https://www.youtube.com/watch?v=TsZQd...
- Slides:
4. Effectuation in Venture investing - Do experts make decisions differently?: https://www.youtube.com/watch?v=miWap...
- Slides
For additional details and questions: https://www.fiban.org/robertwiltbank
The Halo Report research series highlights angel investment activity and trends in North America. It is a collaborative effort designed to raise awareness of early-stage investment activities by angel investors in groups and provides unique insights previously unavailable to entrepreneurs or early-stage investors.
The Nest Report (1Q 2012), an honest look at what's happening in the New River Valley real estate market.
Created and published by Nest Realty Group, www.NestRealty.com. Licensed real estate brokers in the Commonwealth of Virginia.
Pepperdine Private Capital Market Project research conducted in partnership with Dun & Bradstreet Credibility Corp. release findings from a survey of 3,118 private businesses. Small business owners were asked their projections on a number of economic factors for the year ahead, such as access to capital, hiring, confidence in economy and government policies likely to affect jobs and business prospects.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
2. What is the Halo Report™?
Angel Group Investment Trends: The Angel Resource Institute, Silicon Valley
Bank and CB Insights set out to raise awareness of early stage investment
activities by angel investment groups. The Halo Report is the result. The
research series highlights angel investment activity and trends in North America
and provides much sought after data that has not been previously available to
entrepreneurs or early stage investors.
The Halo Report includes aggregate analysis of investment activity by angels and
angel groups and highlights trends in round sizes, location and industry
preferences. The data is collected via survey and aggregation of public data using
CB Insights innovative data analyses.
Get Involved: Angel groups and individual angel investors interested in including
their data in the Halo Report should contact Sarah Dickey, ARI Research
Manager: 913-894-4700 and sdickey@angelcapitalassociation.org.
2
3. Angel Group Update Q1 2012: Report Highlights
Valuation of Early Deals p.4 Round Size p.5
The median pre-money The median size of angel & angel
valuation for pre-Series A deals group syndicate rounds remains
by angel groups is $2.5M in the steady at $700k in Q1 2012 when
past 12 months compared to the 2011 median.
Syndication p.7 Spotlight p.14
Angel groups syndicated 75% Most Active Healthcare Angel
of Q1 2012 deals showing an Groups & 1Q 2012 Most Active
increasing trend to co-invest. Groups
3
4. First Look: Pre-Money Valuations in Angel Group Deals;
Median of $2.5M over the last 12 months
$4.0M $6.0M
$2.5M
$1.4M
$.56M
1st Median 3rd
Quartile Quartile
*This includes all rounds with angel groups before Series A
4
5. Median Angel Round* Size Held Steady at $700K in Q1 2012;
After a 40% increase in 2011 over 2010
$M
1Q $0.70
2012 $0.94
$0.70
2011
$1.06
$0.50
2010
$0.98
$0.00 $0.50 $1.00 $1.50
Median Round Size Mean Round Size
*Angel rounds include angels & angel groups only
5
6. Median Round Size is $1.4M when Angel Groups Co-
Invest with Other Types of Investors
Angels with Other Investors
$M
1Q $1.38
2012 $1.95
$1.50
2011
$3.26
$1.95
2010
$3.96
$0.00 $1.00 $2.00 $3.00 $4.00 $5.00
Median Round Size Mean Round Size
6
7. Angel Groups’ Co-Invested Deals Increased in Q1 2012
%
100%
80% 74.5%
63.1%
60%
40% 36.9%
25.5%
20%
0%
2011 1Q 2012
Angel Group Co-Investment Not Co-Invested
7
8. Angel Group Update Q1 2012: National Activity Snapshot
Note: The following data covering regions and sectors is
based on activity for the past year (2Q 2012 – 1Q 2011 or April
2011 – March 2012) rather than Q1 2012 only, in order to best
demonstrate the angel group activity across the country.
8
9. Angel Groups are Active Throughout the U.S.
over the past 12 months
New England
Northwest 14.5%
ALASKA
8.3% New York
6.2%
Great Plains
3.6% Great Lakes
13.8% Mid-Atlantic
9.3%
California
18.8%
Southwest Southeast
11.9% 13.5%
HAWAII
9
10. California Companies Received 25% of Total Funding
over the past 12 months
Great Plains
$M Northwest 2.9%
New York 4.9%
6.9% California
Southeast
Mid-Atlantic California
7.6% 25.7% New England
Great Lakes
Southwest Southwest
9.3%
Mid-Atlantic
Southeast
Great Lakes 18.4% New York
12.0%
New Northwest
England
12.3% Great Plains
10
11. Internet Sector Dominates Angel Group Deals
over the past 12 months
%
40%
34.9%
35%
30%
25%
21.0%
20%
15% 12.8%
10.8%
10%
7.0%
5.3% 4.6%
5% 3.6%
0%
Internet Healthcare
Mobile & Telecom Industrial
Software (non-internet/mobile) Consumer Products & Services
Energy & Utilities Other
11
12. Healthcare Companies Receive the Largest Share of Total Dollars
over the past 12 months
$M
35% 32.7%
30.5%
30%
25%
20%
15% 13.2%
10%
6.8% 5.8% 5.8% 5.1%
5%
0%
Healthcare Internet
Mobile & Telecom Energy & Utilities
Industrial Software (non-internet/mobile)
Other
12
13. Spotlight: Healthcare
Most Active Groups in Healthcare Deals over the past 12 months
Pittsburgh, PA
Palo Alto, CA Austin, TX
Columbus, OH
Tucson, AZ
Southern CA
13
14. Most Active Angel Groups: Total Deals for Q1 2012
Southern CA Seattle, WA
Boston, MA
Austin, TX Boston, MA
14
15. Understanding the Data:
Special Round Types and Industry Sectors
The Halo Report™ is a quarterly report that provides analysis and trends on US angel and
angel group activity.
Angels and angel groups invest alone, together, and with many other types of investors.
Unless otherwise noted the Halo Report data includes all rounds that have at least one angel
group participating and may include other types of investors in those rounds.
This report discusses angel group investments over the past 12 months including 602 deals
and $749.7 M total funding including co-investors.
A few slides report on an “Angel Round,” a special classification of investment for when angel
groups invest alone or just with other angels and angel groups.
Unless otherwise noted, values of less than <1% are included, but are not labeled.
Halo Report Industry Sectors
Internet Industrial Financial Services
Mobile & Telecom Automotive & Transportation Food & Beverages
Software Business Products & Services Leisure
Energy & Utilities Consumer Products & Services Media
Computer Hardware & Services Electronics Metals & Mining
Healthcare Environmental Services & Retail
Equipment Risk & Security
15
16. Halo Report Contacts
Angel Resource Institute
Sarah Dickey, sdickey@angelcapitalassociation.org
The Angel Resource Institute (ARI) is a charitable organization devoted to education, mentoring and research in the field of angel
investing, a growing driver of our entrepreneurial economy. ARI was founded by the Ewing Marion Kauffman Foundation. The
programs of ARI include educational workshops and seminars, research projects and reports, and information about angel investing
for the general public. ARI is affiliated with the Angel Capital Association, the professional association of angel groups in North
America. More information is available at www.angelresourceinstitute.org.
Silicon Valley Bank / SVB Accelerator
Carrie Walsh, cwalsh@svb.com
Silicon Valley Bank is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine
businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment and
international banking services to its clients worldwide through 27 U.S. offices and seven international operations. (Nasdaq: SIVB)
www.svb.com.
Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services
are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Financial Group is also a member
of the Federal Reserve System.
CB Insights
Anand Sanwal, asanwal@cbinsights.com
CB Insights is a National Science Foundation-backed data-as-a-service firm that collects information on private companies and their
investors and acquirers. CB Insights data and technology is used by firms to make better marketing, procurement, lending, acquisition
and equity investment decisions and to gather data-driven market and competitive intelligence. The firm's data is regularly cited by
leading media publications including the New York Times, Forbes, BusinessWeek and Fast Company among others. For more
information, visit http://www.cbinsights.com.
16