Resource: Venture Capital Report

Sunday, April 22, 2007

Here is the latest report fromt he National Venture Capital Association. Download a copy.

Some of the findings:

U.S. companies that received venture capital from 1970-2005 accounted for 10 million jobs and $2.1 trillion in revenues in 2005. This represents 9 percent of the total private sector work force and 16.6 percent of total U.S. GDP.

Venture-backed companies also outperformed their non-ventured counterparts between 2003 and 2005 with a 4.1 percent compound annual growth rate in jobs and an 11.3 percent compound annual growth rate in sales versus total private sector growth rates of 1.3 percent and 8.5 percent respectively.

The leading states in job growth (2003-2005) by venture-backed companies: California, Texas, Pennsylvania, Massachusetts, Georgia, Tennessee, Washington, New York, Virginia, Minnesota.

posted by Ed Morrison |

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