国外经典工作报告PPT模板分析.pptx

A Venture Capital ! Revival! Is Upon Us R .I.P. 10 Years ago… The decade began on a high note… but quickly evolved into extraordinary difficult times. C L E A R S T O N E
 Unstable Situation Venture Capital Environment - Circa 2000/2001 2000 / 2001 Trend Direction… Valuations Capital availability Fund commitments # of Active Firms Tracking index – NASDAQ Technology spending Very high Substantial $83B Big Overhang 1338 4000 Historically High Falling Beginning to tighten Shrinking At a high but going down Falling rapidly Dropping quickly $B   20   10   0   50   40   30   80   70   60   1996   1997   1998   1999   2000   2001   2002   2003    $12      $17      $27      $57      $83      $45      $19      $9     VC Fundraising and Performance Plummet After a 7X Increase in Capital in Just 4 years $  90   VC  Exists:    ‘01  –  ‘09   In the 2000s Venture Capital Exits Shifted from IPOs to Less Valuable MA IPO   42%   VC  Exits:  ‘91  –  ‘00   MA   VC Exits: ‘01 – ‘09 IPO   12%   10 Years Later…. C L E A R S T O N E
 breakout The market is now poised for performance. Conditions have improved considerably helped by a reduction in capital and firms. $B   $30   $20   $10   $0   $70   $60   $50   $40   Venture Capital Fundraising Has Been in Decline Since 2007 $90   $80   2000   2001   2002   2003   2004   2005   2006   2007   2008   2009   2010    $83      $45      $19      $9      $21      $28      $30      $37      $27      $15      $12     Venture capital funding commitments to IT are even less than meets the eye. Because…… Much of the recent LP funding to venture capital has gone into Cleantech Cleantec