About 17 venture-backed companies raised $1.43 billion in the three months ended March, compared with 37 that raised $3.40 billion in the same period a year earlier, according to the report. The last time the number fell below 20 was in the first quarter of 2013, when eight venture-backed companies raised $716.9 million. It began trading on the New York Stock Exchange on Jan. 22.
Published in TZ Latest News 6 April, 2015 by The TZ Newswire Staff
Venture-backed U.S. IPOs hit lowest levels in two years
Published in TZ Latest News 6 April, 2015 by The TZ Newswire Staff
Venture-backed U.S. IPOs hit lowest levels in two years
About 17 venture-backed companies raised $1.43 billion in the three months ended March, compared with 37 that raised $3.40 billion in the same period a year earlier, according to the report. The last time the number fell below 20 was in the first quarter of 2013, when eight venture-backed companies raised $716.9 million. It began trading on the New York Stock Exchange on Jan. 22.