Quarterly Venture Breakfast with PriceWaterhouseCoopers "2011: Year Review"

As we know, 2011 was a confusing year, full of good and bad news. Specific to investments, VCs invested roughly $26B, up from $23B in 2010. However, VC fundraising was only roughly $14B, so the VCs invested $12B more than they raised in 2011 and $10B more than they raised in 2010, an unsustainable model. Three of the top 4 sectors in 2011 - cleantech, biotech, and medical devices - all face major obstacles and spark much skepticism from many investors. Roughly 50 VC backed companies went public in the US in 2011, down from 75 in 2010, a modest year from a historical perspective. The VC market is in disequilibrium...it cannot stay like this. Will 2012 be better, worse, or the same as 2011? Why are most companies using Pillsbury and PwC? Only our experts know! Come hear the answers!