Based on the number of private tech
company exits in 2012, Intel Capital ranks No. 1. Following are Felicis Ventures; SV Angel;
Sequoia Capital; First Round Capital; Battery Ventures; DFJ; Greylock Partners;
Ignition; Google Ventures; True Ventures; Benchmark
Capital; Lerer Ventures; Menlo Ventures; Polaris Venture Partners; Accel
Partners; Bain Capital Ventures; Redpoint Ventures; RRE Ventures; and Focus
Ventures.
“INTEL CAPITAL, the very active corporate
venture arm of chipmaker Intel (NASDAQ:INTC) ranked as the #1 Most
Successful Tech V.C. firm of 2012, with the most private tech company
investment exits,” says Privco, a company that provides financial analysis of
private companies. “Some notable exits for Intel Capital in 2012 include Ancestry.com, Gaikai, Inc., and DynamicOps.”
Intel Capital has had more than 200
initial public offerings and 300 acquisitions of its portfolio companies since
it was formed 20 years ago. "2012
was an excellent year for us...in terms of dollars invested and portfolio
companies achieving a successful exit,” Intel told Privco.
The data
above, based on a study by Privco, was reported by Reuters yesterday. “The rankings showed a record number
of exits for a newer generation of venture capital firms, such as Felicis, SV
Angel, True Ventures, and Lerer Ventures,” reports Reuters. “This wave of VCs
is formed by partners that come from entrepreneurial backgrounds, rather than
investment and financial backgrounds. The firms provide startups with extensive
operational guidance in addition to financial backing, said Sam Hamadeh, head
of PrivCo.”
Catching
our eye was firm #3, SV Angel. Apparently, SV
Angel is a micro VC firm located in San Francisco, founded by angel investors
Ron
Conway and David Lee. SV Angel provides capital investments to early
stage companies focused on the Internet, e-commerce, and information technology
markets. SV Angel primarily invests relatively small amounts in early stage
companies. According to Crunchbase,
the firm is about three years old and manages $89 million.
So
how then did they get so many exits?
Hold on, we are on the case.
Notably, #2, Felicis Ventures, started out as a $4.5M angel fund in 2006.
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