Why is advancing the next era of venture capital important?
Venture capital is an American national treasure. It has fueled the advancement of innovation, economies, and people. It has created value, jobs, wealth, and life-changing products and services. Though venture capital as an industry may be young and as an asset class may be small, high-growth startups and their long-term investors have truly changed the world.
To continue the success of the industry’s past 50 years to the next 50 years and beyond, we must expand opportunities for people of all backgrounds to access the venture ecosystem and thrive. We must educate future leaders on best practices and help them learn from the industry’s rich history. We must help firms build strong, healthy cultures and values. We must keep the public and ecosystem informed through qualitative and quantitative insights.
By investing in tomorrow’s leaders today, we shape the next era of venture capital.
10,000+
high-growth startups—across all 50 states and DC—raised venture funding in 2019 to build and grow their businesses.
42%
of all U.S. IPOs from 1974 to 2015 were venture-backed companies, representing 63% of the market capitalization and 85% of R&D.
2.9 million
is the average net jobs created annually between 1980 and 2010 by high-growth startups, which account for ~50% of gross jobs created in the U.S.
1,300+
U.S. venture firms are active today, managing an aggregate of $444 billion in assets.
VC: An American History
/in Book Education, History, Research ReadingTom Nicholas’ history of the venture capital industry offers readers a ride on the roller coaster of setbacks and success in America’s pursuit of financial gain.
First Round – State of Startups 2019
/in Report Research ReadingIn the fifth edition of their “State of Startups” survey, First Round expanded the scope to cover not just founders but startup employees as well. Where do the founder and employee perspectives diverge and align? Where are leaders making progress — and where are founders falling short?
ProjectDiane
/in Study Human Capital, Research ReadingProjectDiane2018 is a biennial demographic study on the state of Black Women Founders in the United States, and the startups they lead.