Benchmark: Where Does Venture Capital Go?
Last year was a great year for venture-capital investment, thanks to the industry's success in raising funds and cashing out existing holdings through initial public offerings. According to a recent survey of 600 venture-capital firms by Coopers & Lybrand, venture capitalists invested more than $6.6 billion in U.S.-based companies last year.* * *
Percentage of private equity investments (based on number of deals)
New Jersey 3.8%
Metro New York 7.0%
New England 13.7%
Source: "Venture Capital Survey," Coopers & Lybrand, February 1996.* * *