NVCA encourages and shares research on issues important to venture capital and the entrepreneurial ecosystem. We’ve collated some of these below. Please send us industry-related research via firstname.lastname@example.org.
Pitchbook-NVCA 4Q 2017 Venture Monitor | January 2018
Jointly produced by NVCA and PitchBook, the PitchBook-NVCA Venture Monitor serves as the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem. The Venture Monitor provides a complete look at venture capital activity, reporting on fundraising, investments, exits and other relevant industry analysis in one comprehensive report each quarter.
2017 NVCA Yearbook | March 2017
The NVCA Yearbook is an annual publication that documents trends and analysis of venture capital activity in the United States from the past year and captures historical data and information about venture’s role in fueling entrepreneurship in America. The Yearbook and supporting data packs include statistics on the size and impact of the U.S. venture industry, investments into startups, capital raised and managed by venture capital firms, and exit activity either thorough an initial public offering (IPO) or merger and acquisition (M&A). NVCA made several changes to the Yearbook this year, including an updated format and layout of the data, expanding the highlights of NVCA and its role in the entrepreneurial ecosystem, and sourcing the data to PitchBook, now the official data provider of NVCA.
Download the XLS Data Pack (Members Only)
Patent Demands & Startup Companies: The View from the Venture Capital Community | October 2013
NVCA partnered Robin Feldman, Professor Law and Director of the Institute for Innovation Law at University of California Hastings, to study the impact of patent demands against venture-backed startup companies. The study found that venture capitalists and startup CEOs overwhelming believe that patent demands have a negative impact on the venture-backed community, with all or most of those assertions coming from entities whose core activity involves licensing or litigating patents.
American Made 2.0: How Immigrant Entrepreneurs Continue to Contribute to the U.S. Economy | June 2013
Entrepreneurs are heroes of a market-based economy, driving innovating and job creation. This NVCA study shows if entrepreneurs are indeed heroes, then immigrant entrepreneurs have made heroic contributions to the American economy. The analysis concludes the contributions of immigrants to the United States would be even greater if Congress adopted the right policies on high skill immigration.
Patient Capital 3.0: Confronting the Crisis and Achieving the Promise of Venture-Backed Medical Innovation | April 2013
This report describes how medical innovation occurs in the United States, the role that venture capital plays in driving it and the benefits it delivers to all of our citizens. It also examines the critical challenges venture-backed innovation now faces and the role that public policy can play in helping us overcome those challenges. If we fail to sustain a supportive business environment for entrepreneurial medical companies, we risk chocking off the flow of innovative treatments and cures to patients in need. We also risk destroying an innovation ecosystem that has generated high-quality jobs and growth for the U.S. economy for decades.
Third Party Resources
Kauffman Index of Growth Entrepreneurship | Ewing Marion Kauffman Foundation | October 2017
The Growth Entrepreneurship Index is a composite measure of entrepreneurial business growth in the United States that captures growth entrepreneurship in all industries and measures business growth from both revenue and job perspectives. It includes three component measures of business growth: Rate of Startup Growth, Share of Scaleups, and High-Growth Company Density. These measures integrate comprehensive and timely data that covers the entire universe of the approximately 5 million employer businesses in the United States, as well as a privately collected benchmark of growth businesses. This new report shows that U.S. entrepreneurial growth has gone up, rebounding from the great recession slump across different industries and geographies. The rate of startup growth in their first five years of operation is above pre-Recession levels.
2017 Startup Outlook | Silicon Valley Bank | February 2017
Silicon Valley Bank presents its eighth annual Startup Outlook report, capturing the sentiment of about 1,000 tech and healthcare entrepreneurs at a time of rapid transitions around the globe.
State of Startups 2016 | First Round Capital | December 2016
NVCA member First Round Capital gathered responses from over 700 company founders who shared their thoughts on industry trends, diversity and inclusion, operations, recruitment, compensation, fundraising, VCs, the exit environment, and more.
A VC Explains How VCs Work | Scale Venture Partners | October 2016
Hear former NVCA Board Chair Kate Mitchell, Partner at Scale Venture Partners, discuss what you should know about VCs, how you should think about fundraising, and how VCs can be surprisingly close to the companies they invest in.
How Do Venture Capitalists Make Decisions? | Stanford University Graduate School of Business | September 2016
This academic paper highlights the results from a survey of 885 institutional venture capitalists to learn how they make decisions across eight areas: deal sourcing; investment decisions; valuation; deal structure; post-investment value-added; exits; internal organization of firms; and relationships with limited partners.
2016 US Venture Ecosystem: FactBook | PitchBook | August 2016
NVCA data provider PitchBook provides 40+ pages of detailed datasets on venture capital activity since 2010 in each of the top 12 US metro statistical areas (MSAs) for the industry as a whole.
Immigrants and Billion Dollar Startups | National Foundation for American Policy | March 2016
Immigrants play a key role in creating new, fast-growing companies, as evidenced by the prevalence of foreign-born founders and key personnel in the nation’s leading privately-held companies. Immigrants have started more than half (44 of 87) of America’s startup companies valued at $1 billion dollars or more and are key members of management or product development teams in over 70 percent (62 of 87) of these companies.
The Economic Impact of Venture Capital: Evidence from Public Companies | Stanford University Graduate School of Business | November 2015
Over the past 30 years, venture capital has become a dominant force in the financing of innovative American companies. From Google to Intel to FedEx, companies supported by venture capital have profoundly changed the U.S. economy. Despite the young age of the venture capital industry, public companies with venture capital backing employ four million people and account for one-fifth of the market capitalization and 44% of the research and development spending of U.S. public companies. From research and development to employment to simple revenue, the companies funded by venture capital are a major part of the U.S. economy.
NVCA in Action: Recent Presentations
2017 Venture Capital & Private/Growth Equity Update | Dallas Fort Worth Private Equity Forum | January 2017
Corporate Venture Investing in Aerospace & Defense | Atlantic Council | November 2016
A Closer Look at Midwest/Central U.S. VC Markets | Kauffman Fellows Reunion VC Summit | October 2016
Why Venture Still Leads in Healthcare | MedCity INVEST | April 2016
Venture Capital in Utah | Utah Economic Summit | April 2016
The State of the Venture Capital Industry | Southeast Venture Conference | March 2016