Gauging the frothiness of the webby/techy/san-fran VC market.
Source: Mark Suster. Propagated via one of tumblr’s owners, who added:
Based on the NVCA statistics on the venture capital industry, there are [approximately] 1,000 early stage financings every year….
And somewhere around 50 - 100 of them exit for more than $100mm every year. So 5-10% of the companies financed by VCs end up exiting for more than $100mm.
Mathematical PS: These are value-at-risk numbers, just upside-down.
![Gauging the frothiness of the webby/techy/san-fran VC market.
Source: Mark Suster. Propagated via one of tumblr’s owners, who added:
Based on the NVCA statistics on the venture capital industry, there are [approximately] 1,000 early stage financings every year….
And somewhere around 50 - 100 of them exit for more than $100mm every year. So 5-10% of the companies financed by VCs end up exiting for more than $100mm.
Mathematical PS: These are value-at-risk numbers, just upside-down.](http://25.media.tumblr.com/tumblr_m40uma05mG1qc38e9o1_1280.jpg)

