Venture capital investment in the third quarter of 2007 showed continued strength, with $7.1 billion invested across 887 deals. Notable increases were seen in clean technology and internet sectors. Clean tech saw $844 million invested across 62 deals, an 80% increase in dollars from the previous quarter. Overall investment levels remained stable compared to prior quarters, suggesting ongoing stability in the venture capital market.
In the US …
> US federal R&E credit lapses again – will it be renewed?
> Presidential candidates acknowledge need for a better federal-level program
> California, Wisconsin and Indiana increase their state-level tax credits
In Canada …
> Ottawa hints at “SR&ED Overhaul” in 2008 budget
White Star Capital Eastern US Venture Capital Landscape 2019White Star Capital
Following in the footsteps of the reports that we have published on Canada, UK, Germany, France, Japan, and South Korea, we are delighted to share our newest report covering the NYC and US East Coast Venture Capital ecosystem. This report focuses not only on NYC but also includes Boston, which has been a long term power in the East Coast’s VC ecosystem, as well as emerging states including Florida, Georgia, North Carolina, Virginia, and the District of Columbia, each of which have had at least two companies raise mega-rounds of $100m or more.
http://dailyasianage.com/…/50…/competitiveness-of-bangladesh
Bangladesh is compared highly unfavorably against other competing countries. The net result in cost of production becomes high despite of so-called cheap labor cost. Bangladesh needs to follow a strategic game plan for the investment in infrastructure, improvement in technology and skills, develop streamline policies, and improve quality and safety standards. At the same time, it needs both domestic and foreign investments.
Capital-Infraestructure-spending-outlook-2016PwC España
El Informe "Capital Project and Infraestructure Spending Outlook" de PwC estima que en 2016 la inversión mundial en infraestructuras aumente un 2%. A partir de 2017, se espera que este ritmo se acelere paulatinamente hasta alcanzar una inversión total, en 2020, de 28,3 billones de dólares.
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019 Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
China is the second-largest source of “unicorns” in the world. We expect most China unicorns to come from the Auto, FinTech, Internet, Healthcare and Tech Hard-ware sectors. Hong Kong and China exchanges are getting ready for the next big wave. Following the US, China is the second-largest source of “unicorns” (commonly defined as start-up companies with valuations of >US$1 bn).
Before the pandemic, themes that were driving technology demand in the capital markets were regulatory compliance and cost-cutting.
Technologies in demand in the capital markets in recent years were Big Data, AI/ML, Blockchain, and Cloud Computing.
Even amid the global economic gloom, the capital markets were not uneventful. As per S&P Global, the global bond issuance is expected to be 16% higher in 2020 compared to 2019 amid record-low interest rates and markets flooded with liquidity. As per data from the World Federation of Exchanges, the value of share trading globally registered a 49.74% increase in H1 of 2020 compared with H2 of 2019. Exchange-traded derivatives volumes were up 23.4% when compared with H2 2019, reaching a record 21.72 billion contracts traded.
Cost pressures, exacerbated by COVID-19, likely to accelerate automation initiatives as banks cut headcounts rapidly.
Technology implementations due to compliance requirements such as the Second Markets in Financial Instruments Directive (MiFID2) and the Fundamental Review of the Trading Book (FRTB) likely to be sources of demand for companies providing technology to the capital market sector. The companies providing automation of compliance processes are already attracting a higher amount of venture funds. Technology providers focusing on Data Analytics, AI/ML, IaaS and Biometrics, etc. are expected to gain from the trends.
Another important factor is the rapid adoption of work-from-home culture. A significant portion of the firms may opt for a permanent work-from-home or a hybrid work culture. This shift is likely to increase demand for cloud transformation services.
Even though many financial services firms may cut IT spending for a few quarters, compliance automation, cost-cutting initiatives, and cloud transformations will continue to create demand for capital market technology providers.
The Chinese government has set ambitious goals in its big data industry development to foster new economic drivers. One of these goals is e.g. to increase the annual sales of China’s big data industry (including related goods and services) to RMB 1 trillion by 2020 from an estimated RMB 280 billion in 2015. This report examines the Chinese big data industry and its innovators along with possible future opportunities and implications that China's expanding big data industry could entail for Finland.
Infrastructure and Capital Investment| Canada | March 2019paul young cpa, cga
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
This report begins with an examination of the global IoT industry and continues by looking into the Chinese IoT industry and its innovators. The report concludes with an analysis of the possible future opportunities and implications that China's expanding IoT industry could entail for Finland.
In the US …
> US federal R&E credit lapses again – will it be renewed?
> Presidential candidates acknowledge need for a better federal-level program
> California, Wisconsin and Indiana increase their state-level tax credits
In Canada …
> Ottawa hints at “SR&ED Overhaul” in 2008 budget
White Star Capital Eastern US Venture Capital Landscape 2019White Star Capital
Following in the footsteps of the reports that we have published on Canada, UK, Germany, France, Japan, and South Korea, we are delighted to share our newest report covering the NYC and US East Coast Venture Capital ecosystem. This report focuses not only on NYC but also includes Boston, which has been a long term power in the East Coast’s VC ecosystem, as well as emerging states including Florida, Georgia, North Carolina, Virginia, and the District of Columbia, each of which have had at least two companies raise mega-rounds of $100m or more.
http://dailyasianage.com/…/50…/competitiveness-of-bangladesh
Bangladesh is compared highly unfavorably against other competing countries. The net result in cost of production becomes high despite of so-called cheap labor cost. Bangladesh needs to follow a strategic game plan for the investment in infrastructure, improvement in technology and skills, develop streamline policies, and improve quality and safety standards. At the same time, it needs both domestic and foreign investments.
Capital-Infraestructure-spending-outlook-2016PwC España
El Informe "Capital Project and Infraestructure Spending Outlook" de PwC estima que en 2016 la inversión mundial en infraestructuras aumente un 2%. A partir de 2017, se espera que este ritmo se acelere paulatinamente hasta alcanzar una inversión total, en 2020, de 28,3 billones de dólares.
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019 Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
China is the second-largest source of “unicorns” in the world. We expect most China unicorns to come from the Auto, FinTech, Internet, Healthcare and Tech Hard-ware sectors. Hong Kong and China exchanges are getting ready for the next big wave. Following the US, China is the second-largest source of “unicorns” (commonly defined as start-up companies with valuations of >US$1 bn).
Before the pandemic, themes that were driving technology demand in the capital markets were regulatory compliance and cost-cutting.
Technologies in demand in the capital markets in recent years were Big Data, AI/ML, Blockchain, and Cloud Computing.
Even amid the global economic gloom, the capital markets were not uneventful. As per S&P Global, the global bond issuance is expected to be 16% higher in 2020 compared to 2019 amid record-low interest rates and markets flooded with liquidity. As per data from the World Federation of Exchanges, the value of share trading globally registered a 49.74% increase in H1 of 2020 compared with H2 of 2019. Exchange-traded derivatives volumes were up 23.4% when compared with H2 2019, reaching a record 21.72 billion contracts traded.
Cost pressures, exacerbated by COVID-19, likely to accelerate automation initiatives as banks cut headcounts rapidly.
Technology implementations due to compliance requirements such as the Second Markets in Financial Instruments Directive (MiFID2) and the Fundamental Review of the Trading Book (FRTB) likely to be sources of demand for companies providing technology to the capital market sector. The companies providing automation of compliance processes are already attracting a higher amount of venture funds. Technology providers focusing on Data Analytics, AI/ML, IaaS and Biometrics, etc. are expected to gain from the trends.
Another important factor is the rapid adoption of work-from-home culture. A significant portion of the firms may opt for a permanent work-from-home or a hybrid work culture. This shift is likely to increase demand for cloud transformation services.
Even though many financial services firms may cut IT spending for a few quarters, compliance automation, cost-cutting initiatives, and cloud transformations will continue to create demand for capital market technology providers.
The Chinese government has set ambitious goals in its big data industry development to foster new economic drivers. One of these goals is e.g. to increase the annual sales of China’s big data industry (including related goods and services) to RMB 1 trillion by 2020 from an estimated RMB 280 billion in 2015. This report examines the Chinese big data industry and its innovators along with possible future opportunities and implications that China's expanding big data industry could entail for Finland.
Infrastructure and Capital Investment| Canada | March 2019paul young cpa, cga
Transits are important to assist with moving people around from one location to another location
There are issues facing transit including the subsidies that government provide to support transit
Building more transit needs to include a proper risk management. There are routes being added that lose moneys which means more government moneys is required to support those routes
Transit needs to look at synergies including consolidation of transit systems within a geographic area
Govt need to bring back the non-refundable tax credit for Transit. This tax credit help the middle class
This report begins with an examination of the global IoT industry and continues by looking into the Chinese IoT industry and its innovators. The report concludes with an analysis of the possible future opportunities and implications that China's expanding IoT industry could entail for Finland.
Start-up losses are mounting and innovation is slowing, but venture capitalists, entrepreneurs, consultants, university researchers, and business schools are hyping new technologies more than ever before. This hype is facilitated by changes in online media, including the rise of social media. This paper describes how the professional incentives of experts and the changes in online media have increased hype and how this hype makes it harder for policy makers, managers, scientists, engineers, professors, and students to understand new technologies and make good decisions. We need less hype and more level-headed economic analysis and this paper describes how this economic analysis can be done. Here is a link to the journal, Issues in Science & Technology: www.issues.org
DealMarket Digest Issue137 - 17 April 2014Urs Haeusler
SEE WHATS NOTEWORTHY IN PRIVATE EQUITY THIS WEEK /// ISSUE 137 - April 17th, 2014:
- Cravings for Direct Co-Investment Still Strong
- Narrow Niches and Big Returns
- Australian PE Backed IPOs Outperform
- The Traits of Family Wealth Managers That Make Money…. and Lose it
- CEOs Get M&A Fever Again
- Quote of the Week: Betting on Justice
PwC объявила о выходе в свет «Обзора сделок на мировом рынке IPO в секторе высоких технологий за 2-й квартал 2013 года». В этом обзоре, основанном на данных по сделкам компании Dealogic, представлен анализ сделок на мировом рынке IPO в секторе высоких технологий за период с 1 апреля 2013 г. по 30 июня 2013 г. В отчете описываются основные тенденции на мировом рынке IPO в секторе высоких технологий, включая географию сделок; перечисляются крупнейшие сделки на этом рынке, заключенные во 2-м квартале; указывается распределение сделок по фондовым биржам, где состоялись сделки, и по секторам; раскрываются основные финансовые и оценочные показатели.
DealMarket Digest Issue91 - 19th April 2013Urs Haeusler
SEE WHAT’S NEW AND NOTEWORTHY IN PRIVATE EQUITY THIS WEEK /// ISSUE 91 - April 19, 2013
- New Study: What Happens When Deals are Leaked
- Investment in Clean Energy Trends
- Good News for US Startups: Angel Investment Stabilizes
- PE to Push European M&A Deal making in 2013
- Candle Company Attracts Buyout Offers of up to USD 2 billion
- Quote of the Week: Personal Flight
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In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Venture Capital Investment Q3 2007 - MoneyTree Report
1. Contacts:
Steven Berry, PricewaterhouseCoopers, 410-659-3460, steven.h.berry@us.pwc.com
Lisa Peterson, Porter Novelli for PricewaterhouseCoopers, 512-241-2233, lisa.peterson@porternovelli.com
Emily Mendell, National Venture Capital Association, 610-565-3904, emendell@nvca.org
VENTURE CAPITAL INVESTMENT IN CLEAN TECHNOLOGY SHOWS
CONSIDERABLE STRENGTH IN
THIRD QUARTER OF 2007
Quarterly Investments Maintain Steady Pace Overall
WASHINGTON, D.C., October 22, 2007 – Venture capitalists invested $7.1 billion in
887 deals in the third quarter of 2007 according to the MoneyTree™ Report from
PricewaterhouseCoopers and the National Venture Capital Association based on data
provided by Thomson Financial. Quarterly investment activity was down slightly from
the second quarter of 2007 when $7.2 billion was invested in 1,000 deals, suggesting
ongoing stability within the venture capital arena. The quarter saw notable increases in
both the CleanTech and Internet specific sectors as well as ongoing strength in first
rounds of venture capital financing.
“While Software and Biotechnology upheld their historical placements as the top funded
industries, venture capitalists seemed to diversify across various industries this quarter,”
said Tracy Lefteroff, global managing partner of the venture capital practice,
PricewaterhouseCoopers. quot;In some cases, investment trends reflected top issues facing
the nation. Clean Tech, for example, demonstrated its viability as an emerging sector by
producing three of the top five deals this quarter, with one deal reaching the $100 million
plateau, marking it as one of the largest deals ever for the sector. Overall there was
strong deal activity this quarter keeping us on pace for the largest investment year since
2001.”
“The stability of the overall venture capital investment levels, coupled with an increased
focus on the most innovative new industry sectors such as alternative energy suggests
that the venture capital industry is continuing to support our country’s most promising
start-up companies in a rational and deliberate manner,” said Mark Heesen, president of
the National Venture Capital Association. “We were particularly pleased to see the
sustainability of first time financings levels. Many new companies are seeking and
winning venture capital investment which equates to growth for the US economy as a
whole.”
2. Industry Analysis
The Software sector narrowly edged out Biotechnology as the number one industry sector
for the quarter with $1.11 billion going into187 deals. This investment level was down
from the previous quarter when Software hit a six year high with $1.5 billion going into
253 deals.
The Life Sciences sector (Biotechnology and Medical Devices combined) had another
strong quarter with $1.9 billion going into 175 deals compared to the previous quarter
when $2.2 billion went into 233 deals. Both Biotech and Medical Device investing
slowed in Q3 with fewer deals completed and dollars invested. Biotechnology had $1.1
billion going into 99 deals; Medical Devices had $825 million going into 76 deals in the
quarter.
The Clean Tech sector, which crosses traditional MoneyTree sectors and comprises
alternative energy, pollution and recycling, power supplies and conservation, saw record
investment levels with $844 million going into 62 deals in the third quarter. This
represented 80 percent increase in the dollar level and 35 percent increase in the number
of deals in the Clean Tech sector in the second quarter of the year.
Internet-specific companies garnered $1.1 billion into 195 deals in the third quarter, a 17
percent increase in dollars over the second quarter when $903 million went into 160
deals. Four of the last five quarters have seen Internet-specific investment of more than
$1 billion. ‘Internet-Specific’ is a discrete classification assigned to a company with a
business model that is fundamentally dependent on the Internet, regardless of the
company’s primary industry category.
Media and Entertainment had a positive quarter with $509 million going into 96 deals, an
increase in both deals and dollars from the second quarter when $464 million went into
77 deals. Other industry sectors which saw increases in both dollars and deals include
Financial Services, Healthcare Services, and IT Services. Both Telecommunications and
Semiconductors saw more dollars but fewer deals in the third quarter.
First-Time Financings
The dollar value of first time deals (companies receiving venture capital for the first time)
remained at higher levels with $ 1.7 billion going into 273 first time deals. This is almost
even with the second quarter when $1.7 billion went into 347 first time deals.
Companies in Industrial/Energy, Medical Devices, Biotechnology, Software and
Media/Entertainment received the highest level of first-time dollars. Financial Services
also saw more first time bets this quarter the in the second quarter. Telecommunications
saw more first time dollars.
3. The average first time deal in the third quarter was $6.3 million compared to $5.0 million
one quarter ago. Seed/Early stage companies received the bulk of first-time investments
garnering 45 percent of the dollars and 69 percent of the deals.
Stage of Development
Seed and Early stage investing dollars in the third quarter fell 15 percent to $1.4 billion
into 305 deals. This level compares to an extremely strong second quarter when venture
capitalists invested $1.7 billion into 395 deals. Seed/Early stage deals accounted for 34
percent of total deal volume in the third quarter compared to 40 percent in the second
quarter of the year. The average Seed deal in the third quarter was $2.4 million, up from
$2.0 million in the second quarter; the average Early stage deal was $5.6 million, also up
from $5.0 in the second quarter.
Expansion stage dollars increased by 16 percent in the third quarter to $2.7 billion from
$2.3 billion in the second quarter. The number of deals however, declined slightly from
302 deals in the second quarter to 294 deals in the third quarter. Overall, Expansion stage
deals accounted for 33 percent of venture deals in the quarter. The average Expansion
stage deal was $9.2 million, up significantly from $7.8 million in the second quarter
Later stage deals fell slightly dollar value with $3.0 billion going into 288 deals and
accounting for 33 percent of total volume. In the second quarter of this year $3.2 billion
went into 303 deals. The average Later stage deal in the third quarter was $10.3 million
which was also slightly lower than the second quarter when the average Later stage deal
size was $10.6 million.
International Investing
In the third quarter of 2007, U.S.-based venture capitalists invested $206 million into 31
deals in China representing a 52 percent decline in dollar volume from the second quarter
when $429 million was invested in 38 deals. Also in the quarter, U.S. venture capitalists
invested $248 million in 22 deals in India, a more than doubling of second quarter
investments of $119 million into 18 companies. These figures are reported separately
and are not included in the aggregate totals above.
MoneyTree Report results are available online at www.pwcmoneytree.com and
www.nvca.org.
The National Venture Capital Association (NVCA) represents approximately 480
venture capital and private equity firms. NVCA's mission is to foster greater
understanding of the importance of venture capital to the U.S. economy, and support
entrepreneurial activity and innovation. According to a 2007 Global Insight study,
venture-backed companies accounted for 10.4 million jobs and $2.3 trillion in revenue in
the U.S. in 2006. The NVCA represents the public policy interests of the venture capital
community, strives to maintain high professional standards, provides reliable industry
4. data, sponsors professional development, and facilitates interaction among its members.
For more information about the NVCA, please visit www.nvca.org.
The PricewaterhouseCoopers Private Equity & Venture Capital Practice is part of
the Global Technology Industry Group, www.pwcglobaltech.com. The group is
comprised of industry professionals who deliver a broad spectrum of services to meet the
needs of fast-growth technology start-ups and agile, global giants in key industry
segments: networking & computers, software & Internet, semiconductors, life sciences
and private equity & venture capital. PricewaterhouseCoopers is a recognized leader in
each industry segment with services for technology clients in all stages of growth.
PricewaterhouseCoopers provides industry-focused assurance, tax and advisory
services to build public trust and enhance value for its clients and their stakeholders.
More than 146,000 people in 150 countries across our network share their thinking,
experience and solutions to develop fresh perspectives and practical advice.
quot;PricewaterhouseCoopersquot; refers to the network of member firms of
PricewaterhouseCoopers International Limited, each of which is a separate and
independent legal entity.
About Thomson Financial
Thomson Financial, with 2006 revenues of US$2 billion, is a provider of information and
technology solutions to the worldwide financial community. Through the widest range of
products and services in the industry, Thomson Financial helps clients in more than 70
countries make better decisions, be more productive and achieve superior results.
Thomson Financial is part of The Thomson Corporation, a global leader in providing
essential electronic workflow solutions to business and professional customers.