National Venture Capital Association and Dow Jones VentureWire Release Results of Venture Census 2008
Market Wire, July, 2008
Venture Census 2008 revealed a great amount of data on today's venture capital professional including:
-- 90 percent of venture capital respondents work more than 40 hours per
week; 32 percent work more than 60 hours each week.
-- 65 percent of venture capital professionals surveyed have worked for
only one venture capital firm; 26 percent have worked for two firms;
approximately nine percent have worked for three or more firms.
-- 39 percent of those VC professionals surveyed work at firms that
invest globally.
-- 55 percent of those VC professionals surveyed fell into the 25-44 age
range.
About Venture Census 2008
The survey was conducted electronically in June 2008 by the NVCA and Dow Jones VentureWire. Responses were received from 526 individuals employed at venture capital firms across the United States.
About The National Venture Capital Association
The National Venture Capital Association (NVCA) represents approximately 480 venture capital and private equity firms. NVCA's mission is to foster greater understanding of the importance of venture capital to the U.S. economy and support entrepreneurial activity and innovation. According to a 2007 Global Insight study, venture-backed companies accounted for 10.4 million jobs and $2.3 trillion in revenue in the United States in 2006. The NVCA represents the public policy interests of the venture capital community, strives to maintain high professional standards, provides reliable industry data, sponsors professional development, and facilitates interaction among its members. For more information about the NVCA, please visit www.nvca.org .
About Dow Jones VentureWire
Dow Jones VentureWire ( www.venturecapital.dowjones.com ), published by the Dow Jones Financial Information Services group, which is owned by News Corporation, is the leading provider of daily news and analysis for venture capital professionals. The newsletter is published electronically and available in two editions: VentureWire, which serves the general venture capital population and VentureWire Lifescience, which is specifically for investors and executives of privately backed health care companies. Throughout the year, VentureWire also produces and hosts a number of leading deal-focused industry conferences including Alternative Energy Innovations, Web Ventures and Wireless Innovations, among others.
About Dow Jones
Dow Jones & Company ( www.dowjones.com ) is a subsidiary of News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; www.newscorp.com ). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of Stoxx Ltd. and provides news content radio stations in the U.S.
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