One of Merar's long-term objectives is to keep it's members and blog readers updated about new interesting and useful readings, relevant both to the entrepreneurs and the investment community. This for example is a report from IHS Global Insight, produced provided to Merar several days ago by the National Venture Capital Association of the US. This report covers the economic importance of venture capital-backed companies to the U.S. economy.
Although being focused entirely on the U.S. this report would be interesting to all readers on Merar. It displays that VC-backed companies keep growing faster thantheir peers and even after their venture investors exit. The venture capital industry drives U.S. job creationand economic growth by helping entrepreneurs turninnovative ideas and scientific advances into productsand services that change the way Americans live and work.
Let us know, what do you think about this report, feel free to share it among peers and friends.
About NVCA: Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, NVCA serves as the definitive resource for venture capital data and unites its 400-plus members through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.
IHS (NYSE: IHS) is the leading source of information and insightin critical areas that shape today’s business landscape, includingenergy and power; design and supply chain; defense, risk andsecurity; environmental health and safety (EHS) and sustainability;country and industry forecasting; and commodities, pricing andcost. Businesses and governments around the globe rely on thecomprehensive content, expert independent analysis and flexibledelivery methods of IHS to make high-impact decisions anddevelop strategies with speed and confidence. IHS has been inbusiness since 1959 and became a publicly traded company on theNew York Stock Exchange in 2005. Headquartered in Englewood,Colorado, USA, IHS employs approximately 4,400 people in morethan 30 countries around the world.