VC-Backed Silicon Valley Cos. Poised To Keep Thriving

By Benjamin Horney (July 26, 2019, 1:09 PM EDT) -- Venture capital-backed companies based in Silicon Valley have showed strong performance in recent quarters, and appear well-positioned to continue thriving despite the specter of a possible economic downturn on the horizon, according to a new report from Fenwick & West LLP.

The results come from Fenwick & West's Venture Capital Survey for the Second Quarter of 2019, which analyzed the terms of 215 venture financings that closed in the second quarter by companies headquartered in Silicon Valley. The survey shows that such businesses are generally showing strong, and improving, valuations.

According to the report, in the second quarter of this year...

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