Is your startup ready to take advantage of venture capital opportunities? According to recent statistics, the amount of money dedicated to VC funding has been booming lately. So far, the United States has seen more than $7 billion worth of venture deals: this activity suggests that the number could meet or exceed last year's aggregate total of $9.3 billion.
This data comes from PitchBook, which announced the figures as part of a larger look at the growth in venture investments over the past six years. During this time, 584 private equity firms have financed "at least one venture investment," and the past eight months have witnessed 181 venture rounds to date, more than half of the 2014 high.
For growing startups, this could mean opportunities for extensive financial support. Cromwell Schubarth of the Silicon Valley Business Journal referenced some of the large-scale deals tied to the upswing in private equity deals.
"The massive increase in corporate venture, private equity and mutual fund money flowing into venture-backed businesses has raised the stakes on early investors and VCs," Schubarth writes. "The trend has fed eye-popping $1 billion funding rounds in the past two years at astronomical valuations for companies like Uber ($50 billion) and Airbnb ($25 billion)."
Successfully building off of newly available capital will be easier when your business has the right leadership in executive positions. With a dedicated retained executive search firm, companies will locate the right person for any open c-level position within their target timeframe, which could correspond with important periods of funding and the resources currently available.
Finding people is easy, but finding the RIGHT people is not. YES Partners helps companies FIND the right people – for all company functions, across many industries and globally.