Cooley Law: Corporation Financing Study – Q2 2018 – Invested Uppercase Spikes Every Moment Valuations Concur Steady

Our Cooley boilerplate:

Cooley is i of the large dogs of the VC legal eagle biz. Something similar a 3rd of the unicorns on the WSJ's Billion Dollar Startup Club listing bring used Cooley for i locomote or another.
Additionally, twenty or 21 of the companies on the "Technology Review's l Smartest Companies 2017" listing bring been represented or counseled past times the firm. As I said, i of the biggies.

From Cooley, August 2, 2018:

In the minute quarter of 2018, both bargain volumes as well as aggregate dollars raised remained at historically high levels. In Q2 2018, Cooley handled 224 disclosable deals, representing to a greater extent than than $7.5 billion of invested capital. This is the highest marking of invested uppercase nosotros bring seen inward a calendar quarter since the inception of this report. In Q2 2018, 86% of all transactions were upwards rounds, the highest per centum since Q4 2015. Median pre-money valuations remained potent inward Series B as well as C financings, but cooled a chip inward Series H5N1 as well as D+ deals.

Deal price during the quarter continued to locomote company-friendly. Consistent amongst recent quarters, nosotros saw only 9% of deals amongst amount participating liquidation preferences. We equally good noticed decreases inward the per centum of deals structured inward tranches as well as inward recapitalization transactions. However, the information did present an increase inward the usage of pay-to-play provisions inward subsequently phase deals. Visit Cooley GO to persuasion the interactive visualization.