Buzz Archive:
Venture Capital Survey - Silicon Valley Third Quarter 2009

by Barry J. Kramer and Michael J. Patrick at Fenwick & West LLP, 11/17/2009

Fenwick & West LLP., a national law firm that provides comprehensive legal services to technology and life sciences clients of national and international prominence, has analyzed the terms of the venture financings in the Bay Area for the third quarter of 2009. In this week's Buzz article you will be able to take a closer look at the results of the Fenwick & West survey by Barry J. Kramer and Michael J. Patrick which found up rounds exceeded down rounds in 3Q09, 41% to 36%, with 23% flat. This was the first time that up rounds have exceeded down rounds in 2009 and the percentage of inside rounds decreased from approximately 42% in 2Q09 to 33% in 3Q09.

To view the entire Fenwick & West survey, or to sign up to receive the survey on a quarterly basis when published, please go to www.fenwick.com/vctrends.htm.

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