( ESNUG 484 Item 6 ) -------------------------------------------- [02/02/10]

From: [ Scrooge McDuck ]
Subject: VC deals for Silicon Valley start-ups dropped by 30% in 2009

Hi, John,

Anon pls.

Did you see this Sunday's Mercury News?  Here's data on VC deal counts in
the SF Bay Area from the MoneyTree Report:

      2003:  ########################## 864 deals
      2004:  ############################# 951 deals
      2005:  ############################## 987 deals
      2006:  #################################### 1206 deals
      2007:  ###################################### 1255 deals
      2008:  ##################################### 1232 deals
      2009:  ########################## 863 deals

That 30 percent crash in 2009 is killing us.  We're a chip start-up that
can't get funding.  The average deal in the report was $8 million.  All we
need is $3 million, but we can't even get that.

How do EDA vendors expect to survive if their customers can't survive?

    - [ Scrooge McDuck ]