US venture industry tends to integrate: entrepreneurs choose to shrink

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Beijing Time July 10 Noon news, as investors began to focus on a small number of high returns, quick results of technology start-ups, the strength of the venture capital industry is tending to integration, leading to the reduction of the financing options for entrepreneurs.

According to the US Venture Capital Association, US venture capitalists financed $5.9 billion trillion in the second quarter of this year, 5 of which accounted for 80% of total financing. Mark Heesen, Chairman of the Association, said: "For entrepreneurs, this means that short-term investment deals are likely to Mark Hissen." ”

But he added: "This is not necessarily a bad thing." "The reason is that venture capital companies are now more likely to refine their strategy, invest less, and no longer inject capital into companies that imitate existing models and have less success." Hyson believes that this pattern will allow startups to enter the fittest environment, only the best companies can get funding.

Clean technology and biotech start-ups are also feeling the impact of the trend, which is often financed by smaller regional venture capital firms, which have been struggling to raise money as Silicon Valley technology companies have increased their attractiveness.

The venture capital company with strong financing ability invests mainly in it enterprises, whose investment cycle is usually shorter than that of clean technology and biotechnology industry.

In the second quarter of this year, the U.S. venture capital company to achieve 5.9 billion U.S. dollars in financing, compared with the same period last year, doubling 2.6 billion dollars. But the number of funds that have been financed has fallen by 18%, from 45 to 38, the lowest since the third quarter of 2009, when the recession led to fewer new investment projects.

The highest level of financing in the second quarter was the new Enterprise Associates, which amounted to $2.1 billion trillion, followed by institutional Venture, which amounted to $1 billion. The latter focuses on start-up companies that are in the late stages of development and are about to be listed.

The speed of light investment in the quarter financing 675 million U.S. dollars, Kleiner financing 525 million U.S. dollars. The fifth is the Mithril Capital Management, supported by Peter Saille Peter Thiel, whose second-quarter financing amounted to $402 million trillion.

In addition, according to the American Angel Resources Association and the Silicon Valley Bank of the latest survey, the first quarter of this year, the average angel investment amount of 700,000 U.S. dollars, and 2011 flat.