There must be some way out of here, but venture capitalists around the world say the current level of initial public offering (IPO) activity is too anemic to sustain the venture capital industry in the United States and eight other countries, according to a global VC survey.
In the United States, 91 percent of the venture capitalists surveyed agreed with the softball question: “Is an active IPO market in your home country essential for the success of the venture capital industry?” You might ask yourself, “Who’s going to say no?” But the response from VCs in other countries ranged from 40 percent agreement in Israel to 88 percent in Brazil.
The 2011 Global Venture Capital Survey, conducted jointly by the National Venture Capital Association and the Deloitte accounting and consulting firm, was sent to venture capitalists in the United States, China, India, United Kingdom, Germany, Canada, France, Israel, and Brazil. Of the 347 responses returned, 48 percent were from U.S. venture capitalists and 52 percent were from VCs in eight other countries.
To read the full, original article click on this link: VC Survey Highlights Anxiety Over Weak IPO Market | Xconomy
Author:
Bruce V. Bigelow
