Fenwick & West's Silicon Valley Venture Capital Survey Reveals Substantial Valuation Increases in First Quarter of 2014 - KTEN.com - No One Gets You Closer

Fenwick & West's Silicon Valley Venture Capital Survey Reveals Substantial Valuation Increases in First Quarter of 2014

  • Texoma HeadlinesMore>>

  • Workforce Solutions Texoma KTEN Hot Jobs July 31, 2014

    Workforce Solutions Texoma KTEN Hot Jobs July 31, 2014

    For more information on this week's Hot JobsPhone: 903.957.7408 Fax: 903.957.7413 www.workforcesolutionstexoma.com ACCOUNT MANAGER Denison Closing Date: 08/20/2014 Posting ID: 8303405 http://bit.ly/1k5AZ3I ROAD BRIDGE MAINTENANCE PRECINCT ONE Sherman Closing Date: 08/22/2014 Posting ID: 4993502 http://bit.ly/1xuy8C6 FRONT DESK COORDINATOR Sherman Closing Date: 08/22/2014 Posting ID: 6315128 http://bit.ly/1nYnKRE HOME H...More >>
    For more information on this week's Hot JobsPhone: 903.957.7408 Fax: 903.957.7413 www.workforcesolutionstexoma.com ACCOUNT MANAGER Denison Closing Date: 08/20/2014 Posting ID: 8303405 http://bit.ly/1k5AZ3I ROAD BRIDGE MAINTENANCE PRECINCT ONE Sherman Closing Date: 08/22/2014 Posting ID: 4993502 http://bit.ly/1xuy8C6 FRONT DESK COORDINATOR Sherman Closing Date: 08/22/2014 Posting ID: 6315128 http://bit.ly/1nYnKRE HOME H...More >>
  • Tips To a Healthy New You

    Tips To a Healthy New You

    Tori Park is a local Registered Dietician who has made it her mission to keep people healthy. She's seen first hand how devastating illness can be, and she says many of those illnesses can be prevented.She joined Lisanne on Good Morning Texoma to give a hand full of easy tips that she says, if we all follow, will keep us all healthy and happy for years to come.Click on the video link for more details.More >>
    Tori Park is a local Registered Dietician who has made it her mission to keep people healthy. She's seen first hand how devastating illness can be, and she says many of those illnesses can be prevented.She joined Lisanne on Good Morning Texoma to give a hand full of easy tips that she says, if we all follow, will keep us all healthy and happy for years to come.Click on the video link for more details.More >>
  • Slow Start For Ardmore Band As Director Search Continues

    Slow Start For Ardmore Band As Director Search Continues

    ARDMORE, OK -- For band students, the last few weeks for summer are reserved for rehearsals to gear up for the fall marching band season. But one Texoma marching band has yet to hit the field and it has some people in the community concerned. As the calendar flips closer to August, marching bands across Texoma turn parking lots into football fields to practice. But instead of the sounds of a band rehearsal in front of Noble Stadium in Ardmore it's dead silent. "There's a little bit of a conce...More >>
    ARDMORE, OK -- For band students, the last few weeks for summer are reserved for rehearsals to gear up for the fall marching band season. But one Texoma marching band has yet to hit the field and it has some people in the community concerned. As the calendar flips closer to August, marching bands across Texoma turn parking lots into football fields to practice. But instead of the sounds of a band rehearsal in front of Noble Stadium in Ardmore it's dead silent. "There's a little bit of a conce...More >>

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Fenwick & West LLP

MOUNTAIN VIEW, Calif., May 16, 2014 /PRNewswire/ -- Fenwick & West LLP, one of the nation's premier law firms providing comprehensive legal services to high technology and life science clients, today announced the results of its First Quarter 2014 Silicon Valley Venture Capital Survey.

The survey analyzed the valuations and terms of venture financings for 156 technology and life science companies headquartered in the Silicon Valley that raised capital in the first quarter of 2014.

"During the first quarter of 2014, up rounds exceeded down rounds 76% to 8%, with 16% flat.  This was an increase from the fourth quarter of 2013, when up rounds exceeded down rounds 71% to 16%, with 13% flat, and the largest difference between up rounds and down rounds (68 points) since the second quarter of 2007," said Barry Kramer, partner in the Corporate Group of Fenwick & West and co-author of the survey.

An up round is one in which the price per share at which a company sells its stock has increased since its prior financing round. Conversely, a down round is one in which the price per share has declined since a company's prior financing round.

The Fenwick & West Venture Capital Barometer™ – which measures the percentage change in share price of companies funded during the quarter compared with the share price of their previous financing round – showed an 85% average price increase for the quarter, a significant increase from the 57% reported in the fourth quarter of 2013.  The median price increase of those financings was 52%, another significant increase from the 27% recorded in the fourth quarter, and the largest increase since we began calculating medians in 2004. 

"The best performing industries in the quarter from a valuation perspective were internet/digital media and software, which had median price increases of 78% and 72%, respectively, compared to 50% and 36% in the fourth quarter of 2013, while hardware, life sciences and cleantech had median increase of 23%, 23% and 28%, respectively, in the first quarter," added Michael Patrick, also a partner in the Corporate Group of Fenwick & West and co-author of the survey.  

"At the big picture level, it was a very strong quarter for the venture environment, with venture investment, IPOs and fundraising all hitting multi-year highs," added Patrick.  "But public technology companies have had a difficult time recently, and it remains to be seen if this trend will continue, and if so what the effect will be on the venture environment."

Complete results of the survey with related discussion are posted on Fenwick & West's website at www.fenwick.com/vcsurvey.

About the Survey

The Fenwick & West Quarterly Venture Capital Survey, co-authored by law firm partners Barry J. Kramer and Michael J. Patrick, has been published for over 11 years and offers a unique view of the venture capital market in Silicon Valley by providing insight into the changes in venture capital valuations and terms. Focusing exclusively on trends in venture financing and valuations, the Fenwick & West Survey complements the economic data presented by Dow Jones VentureSource and the MoneyTree™ Report by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters.

About Fenwick & West

Established in 1972, Fenwick & West LLP is one of the nation's premier law firms with extensive expertise in venture capital, public offerings and other corporate finance, joint ventures, M&A and strategic relationships, intellectual property, litigation and dispute resolution, taxation, antitrust and employment and labor law.

Contacts:

Barry Kramer
Fenwick & West LLP
Phone: 650.335.7278
Email: bkramer@fenwick.com

Michael Patrick
Fenwick & West LLP
Phone: 650.335.7273
Email: mpatrick@fenwick.com

Merredith Branscombe
Le@p! Public Relations
Phone: 720.235.7363
Email: merredith@leappr.com

©2012 PR Newswire. All Rights Reserved.