MVCA 2011 Annual Report - Grand Angels

Recommendations

Info

MVCA 2011 VENTURE CAPITAL REPORT NATIONAL 6 THE BIG PICTURE How Venture Capital in Michigan Compares Nationally
VENTURE CAPITAL: SUMMARY STATISTICS NATiONAL VENTurE CAPiTAL SuMMAry STATiSTiCS 2011 2010 2009 2008 # of VC Firms in Existence 842 791 794 882 # of investment Professionals 6,125 6,328 6,828 7,497 Total Capital under Management $197B $177B $179B $197B Avg. Venture Capital under Management by Firm $234M $223M $226M $224M Venture Capital Funds raised $19B $12B $15B $28B Avg. Venture Capital Fund Size $111M $108M $106M $144M SOURCE: NVCA MiChigAN VENTurE CAPiTAL SuMMAry STATiSTiCS 2011 2010 2009 2008 # of VC Firms in Existence 20 19 16 15 # of investment Professionals 60 53 44 43 Total Capital under Management $1.5B $1.2B $1.1B $1B Avg. Venture Capital under Management by Firm $75M $74M $76M $73M Venture Capital Funds raised $181M $40M $136M $173M Avg. Venture Capital Fund Size $41M $40M $39M $38M SOURCE: MVCA, Data represents venture firms headquartered in Michigan. Over the last few years, national venture capital has undergone significant consolidation while Michigan’s venture community has continued to show encouraging signs of growth. n In Michigan, the number of venture firms, investment professionals, and capital under management have all increased. This was an exceptional year for fundraising, beating the 2008 record. n There are 20 venture firms headquartered in Michigan. This represents only 2% of the total of national venture firms. The average venture capital under management by these firms is only 1/3 of the national average at $76M vs. $234M. Further efforts to scale venture firms remain critical to success. NATIONAL MVCA 2011 VENTURE CAPITAL REPORT 7
Page 1 and 2: 2011 BUILDING MICHIGAN’S VIBRANT
Page 3 and 4: TABLE OF CONTENTS Executive Summary
Page 5 and 6: ExECuTiVE SuMMAry The Michigan vent
Page 7: TiM PETErSEN Arboretum Ventures Cha
Page 11 and 12: The national data shows Michigan ve
Page 13 and 14: n Investors are taking note of entr
Page 15 and 16: MIChIgAN’S VENTURE CAPITAL fIRMS
Page 17 and 18: SECTOR ANd STAgE dIVERSIfICATION Mi
Page 19 and 20: The Michigan venture community has
Page 21 and 22: MIChIgAN INVESTMENT SPOTLIghT CYTOP
Page 23 and 24: ThE STATE Of MIChIgAN’S fUNd PROg
Page 25 and 26: IN MICHIGAN IN 2011, THERE WERE...
Page 27 and 28: Advanced Materials & Manufacturing,
Page 29 and 30: OUT-Of-STATE VENTURE CAPITAL fIRMS
Page 31 and 32: ANNUAL INVESTMENT IN MIChIgAN Ventu
Page 33 and 34: 2006 The past five years have shown
Page 35 and 36: 2011 ExiTS By MiChigAN VENTurE FirM
Page 37 and 38: ANgEL ANd PRE-SEEd ACTIVITY IN MICh
Page 39 and 40: MIChIgAN’S COMPANY PIPELINE ANgEL
Page 41 and 42: MVCA 2011 VENTURE CAPITAL REPORT 9
Page 43 and 44: MVCA PROgRAMS The MVCA has received
Page 45 and 46: NORTH COAST TECHNOLOGy INVESTORS 20
Page 47 and 48: navigate aRound the entiRe obstaCle

MVCA 2011 Annual Report - Grand Angels

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?