{ "docId": "019f6b8f-63c7-75ae-b907-01fe5bc7d037", "docSlug": "jarvis-silicon-valley-venture-capital-survey-second-quarter-2019", "documentTitle": "Silicon Valley Venture Capital Survey Second Quarter 2019", "authorId": "silicon-valley-venture-capital-survey-second-quarter-2019", "authorName": null, "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "vc_research", "sourceTypeLabel": "VC research", "presentationDate": "2019-01-01 00:00:00", "orientation": null, "aspectRatio": null, "pageNumber": 3, "pageCount": 26, "prevPage": 2, "nextPage": 4, "slideType": "appendix_data", "function": "establish_context", "density": "dense", "nDataPoints": 0, "notes": "This is a text-heavy appendix or context slide summarizing industry data from the Silicon Valley Venture Capital Survey.", "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019f6b8f-63c7-75ae-b907-01fe5bc7d037/3", "deckHref": "/decks/019f6b8f-63c7-75ae-b907-01fe5bc7d037", "deckJsonHref": "/decks/019f6b8f-63c7-75ae-b907-01fe5bc7d037.json", "deckAnchorHref": "/decks/019f6b8f-63c7-75ae-b907-01fe5bc7d037#slide-3", "components": [ { "bbox": { "h": 0.02, "w": 0.45, "x": 0.145, "y": 0.955 }, "kind": "disclaimer", "text": "SILICON VALLEY VENTURE CAPITAL SURVEY SECOND QUARTER 2019", "attrs": null, "subkind": "disclaimer", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4393f13b-91e5-49b9-8141-4a5e26999103", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.48, "w": 0.71, "x": 0.145, "y": 0.19 }, "kind": "list", "text": "The pace of investments and the amount of capital invested in Q2 2019 U.S.-wide were relatively flat compared to the prior quarter. Compared to the year ago period, the pace of investments declined in Q2, but the amount of capital invested increased.\nMedian deal size increased in Q2 to the highest median amount since Q4 2000.\nSeed-stage deal share fell to the lowest level since Q3 2010. Later stage investment activity declined in terms of deal share and percentage of total invested capital in Q2, but still accounted for the highest share of the invested capital over the least number of deals.\nThe internet sector continued to receive the greatest share of investments, followed by the healthcare sector and the mobile and telecommunications sectors.\nThe San Francisco Bay Area (including the Silicon Valley) took in the largest share of investments in Q2 in terms of both deal volume and aggregate invested capital, followed by the New York Metro and New England areas. Investments in San Francisco Bay Area-based companies increased in Q2, while investments in New York Metro area- and New England area-based companies declined.\nU.S. venture-backed IPO activity surged in Q2, with the most IPOs in a quarter since Q2 2015 and the greatest aggregate amount raised in more than 10 years. Acquisition deal volume and aggregate deal value also increased in Q2 compared to the prior quarter.\nVenture capital fundraising in 2019, while still strong, has been off pace from the record-breaking levels of 2018.", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a4128447-2dc8-46d1-a4bd-d08bc04fa070", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.71, "x": 0.145, "y": 0.72 }, "kind": "paragraph", "text": "U.S. venture capital investment deal volume and aggregate deal value in Q2 2019 were relatively flat compared to the prior quarter. Compared to the year ago period, deal volume was down, while aggregate deal value was up.\n\nA summary of results published by three leading providers of venture data is below:", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1a57a50b-5b27-4e19-b8ca-d6a62327c96c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.71, "x": 0.145, "y": 0.08 }, "kind": "paragraph", "text": "The United States venture environment has remained strong through the first half of 2019, but has come down from the peak levels recorded at the end of 2018. Exit activity surged in the second quarter, with the highest number of IPOs since Q2 2015 and the greatest aggregate amount raised in more than 10 years. Acquisition deal volume and aggregate deal value also increased in Q2 compared to the previous quarter.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "da57a2a6-eca9-4592-9cf6-f39bd171570c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.025, "w": 0.35, "x": 0.145, "y": 0.045 }, "kind": "title", "text": "Overview of Other Industry Data", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "67310709-dc72-4fda-81fc-f06dfe652598", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.025, "w": 0.3, "x": 0.145, "y": 0.69 }, "kind": "title", "text": "Venture Capital Investment", "attrs": null, "subkind": "subtitle", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "835ae46a-02ba-47d5-855e-dac38350a7ea", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 6, "from": 3, "beatId": "800d562a-6214-4ba5-bea9-b2c362869758", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Market Size", "beatSlug": "sequoia-pitch-market-size", "evidence": "Overview of industry data", "position": 1, "confidence": 0.6, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }