A recent research report published by Goldman Sachs reviews private market value creation compared to public market creation. Echoing the trends noted in other publications, the report notes the increasingly important role of venture capital as an asset class. The growth in venture funding has contributed to companies remaining private longer. The report notes that
Mezzanine/Pre-IPO Private Placements
PWC CB Insights MoneyTree Report on Venture Investments
By Anna T. Pinedo on
The recently published MoneyTree Report provides an overview of venture capital investment trends. In 2018, VC-backed companies raised $99.5 billion, an increase in annual funding of 30%, despite a decline in the number of deals. In 2018, the number of early-stage deals declined, but the number of later-stage deals increased. There were 184 “mega-rounds” completed…
Mayer Brown Webinar – Financing Alternatives for Life Sciences Companies
By Mayer Brown on
Thursday, February 7, 2019
1:00 p.m. – 2:00 p.m. ET
The U.S. capital markets remain an attractive source of capital for emerging companies in the life sciences sector. Over 21.7% of the 2017 IPOs were life sciences companies. Many of these IPOs were preceded by late stage (or mezzanine) private placements made principally to U.S.…
Tech IPO Pipeline Report
By Anna T. Pinedo & Carlos E. Juarez on
CB Insights recently published its seventh annual Tech IPO Pipeline Report. The report notes that in 2013, the median time between first funding and IPO for U.S. VC-backed tech companies was 6.9 years compared to 10.1 years for tech companies that went public in 2018. As we have noted in previous posts, tech…
Pre-IPO Funding in Tech
More companies continue to raise large sums of capital through late-stage or pre-IPO private placements as they prepare, or in some cases delay, going public. Tech companies are among the most highly-valued of these private companies. A recent study by CB Insights looked at the capital raised by tech companies that went public in 2018.…
Fintech Financing Trends
By Carlos E. Juarez on
According to a recent research report by CB Insights, in the third-quarter of 2018, there were 375 VC-backed equity financings that raised over $5.64 billion for fintech companies globally. In total, 1,164 fintech financings have been completed in 2018, through October 31, raising over $32.6 billion in offering proceeds. Approximately 40% (462) of these deals…