Ph.D. Analysis of IPO Problem
The NVCA came out with its “four pillar” strategy to revive the liquidity market (read IPO market) for venture-backed companies today (see Dan's post). Whether you agree with the recommendations or not, I think there is no room for debate about whether the lack of VC-backed IPOs is a systemic problem vs. a recessionary one. With just six VC-backed IPOs last year, Venture Capital Journal asked a Ph.D. economist last November to look at the hard IPO data to determine what a “normal” year would have looked like. The number she came up with: 50.
29 April 2009•3 mins read
