Fenwick & West LLP: Trends in Terms of Venture Financings In the San Francisco Bay Area (Third Quarter 2008)

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*Background - We analyzed the terms of venture financings for 101 companies headquartered in the San Francisco Bay Area that reported raising money in the third quarter of 2008.

*Overview - There has recently been substantial distress and volatility in world financial markets. A brief overview of this situation as it relates to our venture survey follows...

Please see full survey for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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