Wednesday, April 1, 2009

No IPOs, Not Much Liquidity In Q1

A report released today by Dow Jones VentureSource find that there were no IPOs in Q1, and very little liquidity for U.S., venture backed companies. According to the report, total merger and acquisition activity only totaled $3.2 billion in the first quarter of 2009, down 65 percent from the $9.1 billion generated in liquidity last year. The totals were the lowest since 2003, and according to Dow Jones have already reached the lows seen after the dot-com bust.