OK, so it’s not much to write home about. But with SolarWinds opening moderately well today and OpenTable set to price imminently, there are at least some signs that things are improving. Changyou, Rosetta Stone and Digital Globe all closed up on their first trading days recently, which is the sort of performance that brings IPO investors out of hiding.
So who will be next? Read more
Only 40 venture capital funds managed to raise money in the first quarter, the sparsest showing since the third quarter of 2003, according to data released today by the National Venture Capital Assn. Of those, just 3 were funds at new firms.
The total amount of dollars dropped as well, to $4.32 bn from $7.12 bn a year earlier, although that’s still better than the fourth quarter of 2008, when investors pledged a mere $3.52 bn. Read more