Mirus Capital AdvisorsMirus Capital Advisors

Data and Economic Statistics, Fund Raising, News, Surveys and Reports, Venture Capital

Cooley LLP Presents Report on Venture Financings in Q1 2010

Posted by

This week the law firm of Cooley LLP presented its findings on venture financings for the first quarter of 2010, which can be found by clicking on the PDF link here:  Cooley Venture Financing Report – Q1 2010

The report provides a summary of data reflecting Cooley’s experience in venture capital financing terms and trends. Information is taken from transactions in which Cooley served as counsel to either the issuing company or the investors.

Overall, Cooley notes that the data points to a continued improvement in the investment climate during the initial quarter of the year. Most notable was the significant increase in the number of up rounds, which reached a level we have not seen since the middle of 2008. The trend in some deal terms also showed increased optimism, including a decrease in the use of pay to play provisions and a marked decrease in recapitalization transactions.