SVForum Quarterly Venture Breakfast with Pillsbury Winthrop and PwC
Organization:
SVForum
Category:
Business
Geographical Area:
San Jose
Start
Date:
2/7/2012
End Date:
2/7/2012
Start Time:
8:00 AM
End Time:
10:00 AM
Event
Info:
2011 was a confusing year, full of good and bad news. VCs invested roughly $26B, up from $23B in 2010, but VC fundraising was only roughly $14B, so the VCs invested $12B more than they raised in 2011 and $10B more than they raised in 2010, an unsustainable model. Three of the top 4 sectors in 2011 - cleantech, biotech, and medical devices - all face major obstacles and spark much skepticism from many investors. Roughly 50 VC backed companies went public in the US in 2011, down from 75 in 2010, a modest year from a historical perspective. The VC market is in disequilibrium...it cannot stay like this. Will 2012 be better, worse, or the same as 2011? Why are most companies using Pillsbury and PwC? Only our experts know! Come hear the answers!
Steve Bengston, PricewaterhouseCoopers Casper de Clercq, Norwest Venture Partners Steve Goldberg, Venrock Ann Winblad, Hummer Winblad Moderator: Allison Leopold Tilley, Pillsbury Winthrop
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