DISQUS

VentureBeat: Exit market warms with five IPOs in Q2

  • comment · 5 months ago
    warms up? when the temperature goes from -30 to -28 do you call that a warm up? what do you call 2009 1st half 5 deals vs. 2007 1st half 43 deals?

    Here's my version of this type of journalism: Open Table opened at 29.26 and went to 27.15 (true facts but not reflective of the reality)
  • mattwbowman · 5 months ago
    Good breakdown, Camille.

    I would be leery of reading too much good news into the M&A stats...

    "About 42 percent of the M&A deals struck during the second quarter provided returns that were four times the initial venture investment." That's 42% of deals with *disclosed* amounts.

    The % of M&A Deal amounts disclosed in the last quarter was the lowest it's been since at least '03: 22% versus an average 44% for preceding years, if I ran the #s right.

    Looks like investors have adjusted their valuations, but are still embarrassed about 'em. I'll bet the real % of deals w/ decent ROI for VCs was far lower than suggested in the report.