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


Background ? We analyzed the terms of venture financings for 108 companies headquartered in the San Francisco Bay Area that reported raising money in the second quarter of 2008.

Overview - The results of the 2Q08 survey show that companies raising venture capital in 2Q08 continued to receive higher valuations than in their prior round. The highlights of the quarter are as follows:

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