Investor Presentaiton
EXITS OF VENTURE CAPITAL-BACKED COMPANIES
Mergers & Acquisitions
$140
759
826
900
708
742
703
730
800
$120
667
663
675
632
645
700
$100
T
600
$80
456
440
500
$60
400
300
$40
200
$20
100
$26.5 $22.8
$55.6
$56.7
$69.3
$67.8 $133.0
$84.7 $120.5 $89.0
$129.5 $123.4 $68.1
$0
0
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019 2020
$ in billions
# M&A Deals
Source: Dow Jones VentureSource Q4 2019
PitchBook-NVCA Venture Monitor Q4 2020
$250
Initial Public Offerings
126
140
120
$200
102
$150
87
58
53
52
100
79
82
79
80
60
60
$100
41
40
$50
9
8
20
$12.1
$0.6
$0.9
$3.9
$7.1
$9.6
$12.0
$8.0
$9.9
$11.2
$222.0
$2.8
$25.0
$0
0
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
$ in billions
# of IPOS
Source: Dow Jones VentureSource Q4 2019
PitchBook-NVCA Venture Monitor Q4 2020
Xercules.
CAPITAL
# of IPOS
41
# of DealsView entire presentation