The fourth quarter’s five VC-backed IPOs brought the yearly total to just 13. That’s more than twice the number of VC-backed companies that went public in 2008, but still played the backend of the slowest consecutive yearly total since 1974-1975.
There were 67 VC-backed M&A exits last quarter, which generated $7.77 billion in disclosed value. The 2009 tally was 262 VC-backed M&A exits at a disclosed value of $12.55 billion, compared to 348 deals worth a disclosed value of $13.68 billion in 2008.