Some interesting data from a recent Cooley Godward report on trends in pre-money venture capital valuations. Most surprising? That despite the ardor for some funky kinds of early stage (read: Series A) investments, pre-money valuations at this earliest stage have been declining for a year. Who woulda thought that?
To be fair, Series B pre-money valuations are seemingly on the rise. But c’mon, who does those anymore? Isn’t that when Fox’s Ross Levinsohn buys your company?
Related posts:
Perhaps the sample size/ quality of investments available in Series A has changed.
See the FT article from yesterday:
http://news.ft.com/cms/s/5c262e4c-ca89-11da-852f-0000779e2340.html
(reg might be required)
Paul- thanks for all the great insights.