Startup Valuations Seem To Be Going Up

Fenwick & West's Silicon Valley venture capital survey finds that up rounds exceeded down rounds last quarter for the first time this year -- 41% of rounds were up, 36% down and 23% flat. Of the companies taking new funding rounds, share prices were up by an average of 11%. The firm looked at 103 high tech and life sciences companies in the Bay Area that raised money last quarter and believes the data shows a ray of hope for venture capital. Here it is:

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