Couple of links on early stage fund raising
Wow, I’ve been way too busy to post. It’s embarrassing. But here are a couple of good links on the early stage fund raising market I found via pehub:
- US venture funds raise $5.9 billion in Q2 2012 – 12% more than Q1. 38 funds raised money. Two of those 38 funds were HALF of the total, so that’s some big funds plus a lot of little ones. But it’s also 22% fewer funds than Q1… so we are continuing to see the contraction of the US venture capital industry. Read more here.
- SVB has a report on angel group’s investments; median pre-money valuation was $2.5 million. The report is here.