( 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 ]
Sign up for the free DeepChip newsletter
Index
Next->Item
|
|
