TITLE

VC Fundraising Plummets Amid Dire Forecast

AUTHOR(S)
Schachter, Ken
PUB. DATE
January 2009
SOURCE
Red Herring;1/19/2009, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reveals the venture capital fund raised by Accel Partners, according to the report released by Thomson Reuters and the National Venture Capital Association (NVCA). Accel's Joe Schoendorf predicted that the roughly 570 U.S. venture capital companies could contract to 270 to 280 as the global economic downturn and near-total freeze on initial public offerings take their toll. Schoendorf said his company was able to raise two funds because it was alert to signs of a downturn.
ACCESSION #
36602894

 

Related Articles

  • Money trail still leads to Internet start-ups. Guglielmo, Connie // Inter@ctive Week;09/07/98, Vol. 5 Issue 34, p9 

    Presents information on Accel Partners venture capital fund. Performance of the fund; Views of Jim Breyer, Accel's managing partner; Combined investments of the fund; Impact the fund has had on startup companies. INSET: Fact file.

  • PERFORMANCE MAKE HIGH CHARGES OK. Fulman, Ricki // Pensions & Investments;3/20/2000, Vol. 28 Issue 6, p26 

    Reports on the trend of raising carry charges on profits by venture capital firms due to good returns on investments. Accel Partners' good returns to Redback Networks in Michigan.

  • Ovum: VC interest in networking startups may be returning.  // Broadband Monthly Newsletter;Sep2012, Vol. 11 Issue 9, p13 

    The article reveals signs of renewed interest of venture capitalists (VC) in networking startups after it waned since the financial crisis, according to a report from market research and analysis firm Ovum. The report asserts the emergence of a funding disconnect between network builders and...

  • VC Investments in Biotech Continue Strong Trend. Orelli, Brian // BioWorld Today;10/2/2013, Vol. 24 Issue 189, p1 

    The article reports on the decline in funding of U.S. biotechnology companies by venture capital after economic difficulties experienced in the second quarter of 2013. Companies raised 650 million dollars in the third quarter versus 575 million dollars in the second quarter according to data...

  • Ovum: VC interest in networking startups may be returning.  // Submarine Fiber Optic Communications;Oct2012, Vol. 21 Issue 10, p14 

    The article provides information on a report from Ovum which found that the interest of venture capitalists (VC) in networking startups may be returning. It cites the increase in VC investments from 20.1 billion U.S. dollars in 2009 when the financial crisis began to 27.8 billion dollars during...

  • VCs say optical communications quiet but not silent. Hardy, Stephen // Lightwave;Jul/Aug2010, Vol. 27 Issue 7, p27 

    The article discusses the financial environment of optical communications companies, where it seeks venture capital (VC) funding to continue the business despite the financial crisis. It says that the lack of clear path towards exit strategies continues to weaken VC's interest to support the...

  • SunRun Scores $18 Million. Sadighi, Lalee // Red Herring;7/28/2009, p3 

    The article reports on the announcement made by home solar electricity provider SunRun regarding its completion of an 18 million U.S.-dollar second round of funding led by Accel Partners with the participation of returning investor Foundation Capital. This new round of funding brings the total...

  • Investors jostle for slice of Atlassian IPO. Powell, Rose; Liew, Ruth // BRW;9/29/2015, p1 

    The article reports public listing of computer software company Atlassian for its global and local investors. Topics discussed include aim of the company to set initial public offerings (IPOs), the company's statement admiring the growth equity firm Accel Partners, and increase in the number of...

  • Make room, Silicon Valley and Alley, for a VC Mini-Boom in Col., Tx. and Atlanta. Whiddon, Robert; Spirrison, Brad // Investment Dealers' Digest;01/03/2000, Vol. 66 Issue 1, p11 

    Focuses on the impact of the venture capital on the initial public offering market in the United States. Number of venture-backed companies that went public as of 1999; States involved in local economy reorientation to accommodate technology and media start-ups; Role of Michael Dell, founder of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics