2013-14 Angel & Venture Capital Financing Overview
Sponsored by Fenwick and West LLP
In 2013 the early stage financing environment showed increasing strength with valuations and the number of financings increasing. The strength of the funding market was evident by the presence of an IPO market stronger than it had been in years and a robust M&A market. Additionally, 2013 continued a number of trends from prior years: the growing influence of founders/entrepreneurs, the significant growth in the activity of seed/angel investors as well as alternative funding platforms, and the presence of large private companies that have raised rounds at significant valuations. Finally, the secondary trading markets which had provided liquidity to private company investors following the economic downturn in 2008 seem less relevant in 2013.
Against this backdrop, the VC industry continues to undergo profound changes, with the number of VC funds shrinking and smaller amounts of VC dollars being raised. Please join our panel of expert angel and venture capital investors for a look at early stage investing during the past year and what the future investment environment holds. The presentation will also include a review of the key metrics for venture capital investments/exits and critical VC term sheet terms for Q2 2013. This will be a thought provoking and informative session you will not want to miss!
For panelist information, please visit the session website.
REMINDER: The Bay Bridge will be closed beginning on Wednesday, August 28th. Please plan your trip to the Berkeley Entrepreneurs Forum accordingly.