Venture-backed companies in US Account for 17% of GDP and 10 million Jobs: Study
U.S. companies that received
venture capital from 1970-2005 accounted for 10 million jobs and $2.1
trillion in revenues in 2005, according to a study conducted by Global
Insight for the National Venture Capital Association (NVCA). This
represents 9% of the total private sector work force and 16.6% of total
U.S. GDP. Venture investment itself represents just 0.2% of U.S.
GDP.
Private-equity
funds continued to increase their dominant position on both ends of the
domestic markets; they accounted for roughly one-fourth of M&A
activity and sponsored more than 40% of all IPOs, with the time between
purchase and sale often shrinking to mere months, reports Dealmaker
magazine.
The
median pre-money valuation of U.S. venture-backed companies reached $18.5
million in 2006, compared to $15 million in 2005, according to VentureOne
data. This is the highest median valuation since the peak of $25.1 million
in 2000.
Charitable
contributions to higher education grew 9.4% to a record $28 billion in the
last academic year, 
The net amount of money invested in exchange traded funds climbed 1.1%
or $4.5 billion in January to $422 billion, according to State Street Global Advisors,
The population of affluent and
wealthy individuals in North America will grow 24% to 37.7 million by 2010
from from 30.4 million in 2006, according to Celent. The report expects
this affluent group to control over $19 trillion in assets by 2010.
New
hedge funds worldwide raised less money in 2006, on the collapse of
Amaranth Advisors, which lost about $6.6 billion in two weeks, the largest
hedge-fund collapse ever.
Silver Lake Partners plans to raise
$10 billion for the
biggest technology buyout fund, setting the stage for $20 billion plus
leveraged buyouts in tech sector, 
Carlyle,
the private equity powerhouse with 48 funds and owning 200 companies
around the world, is the topic of cover story in the latest BusinessWeek
magazine. The article highlights how the once-secretive PE firm is
remaking its image and changing the buyout game. Here are some key numbers
and facts on Carlyle:
