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VC Market in the United States

US and economics

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Effi Enterprises is a venture capitalist firm that strives to help emerging companies secure the funding they need to prosper.  In providing excellent managerial expertise and leadership assistance, Effi Enterprises hopes to guide these emerging businesses to exponential growth.  Innovative businesses and technologically advanced companies like the ones Effi Enterprises supports are what contribute to the growth of the global economy.

History of VC Market in the United States

Although the United States has a strong history of business innovation and entrepreneurship, the first modern venture capital firm, American Research and Development, was founded in 1946 with the intent of financing commercial applications of the technologies that were developed during the World War II time period.  As the venture capital industry began to grow in the 1950s, the Federal government encouraged new small business investment companies (SBICs), which provided early stage funding for businesses in all industries.  The SBICs began growing rapidly and the by the 1960s, there were 700.  After a period of financial obstacles and downturn in the initial public offering (IPO) market activity, the West Coast venture capital boomed and the money flowing into the venture capital industry increased dramatically in the 1980s and continued to be an integral part of the expansion of small businesses in America contributing to the growth of the American economy.  The United States VC market has seen extensive growth over the years. In 1970, there were 93 venture-back deals recorded raising $.10 billion and by 2000, there were 6,420 deals raising $99.2 billion. Read the rest of this entry

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