Venture Capital Returns to Form

Venture capital performance showed modest improvement through year-end 2006, according to new data released this morning by the National Venture Capital Association and Thomson Financial (publisher of peHUB). In particular, five-year performance moved from negative to positive territory (-1.2% to +1%), over data through the end of Q3 2006. No specific explanation is given for the increase, although it is most likely attributable to the “five-year” period’s starting point moving from exuberant late-bubble to conservative post-bubble.  

You can download the press release and chart here: Q4Performance.pdf