|
|
Table 2
Early Stage Activity Continues to be Strong
Venture Capital Investment Activity by Stage of Development
| |
1999 |
|
1998 |
|
| |
Financings |
Investments |
Amount |
Financings |
Investments |
Amount |
| Stage |
# |
% |
# |
% |
$(mm) |
% |
|
# |
% |
# |
% |
$(mm) |
% |
| Early Stage |
435 |
44 |
727 |
45 |
949 |
35 |
|
440 |
41 |
666 |
44 |
579 |
35 |
| Expansion |
405 |
41 |
667 |
41 |
1,452 |
53 |
|
487 |
45 |
684 |
45 |
881 |
53 |
| Acquisition/Buyout |
49 |
5 |
81 |
5 |
177 |
7 |
|
36 |
3 |
49 |
3 |
77 |
5 |
| Turnaround |
18 |
2 |
30 |
2 |
14 |
1 |
|
28 |
3 |
38 |
2 |
22 |
1 |
| Other |
82 |
8 |
107 |
7 |
128 |
5 |
|
83 |
8 |
92 |
6 |
97 |
6 |
| Total |
989 |
100% |
1,612 |
100% |
2,720 |
100% |
1,074 |
100% |
1,529 |
100% |
1,656 |
100% |
Prepared for the CVCA by Macdonald & Associates Limited
|
|
