Exits Lag in the Fourth Quarter, but IPO Hype Boils for 2011

There is a lot of hype swirling that 2011 is going to be the big comeback year for the venture-backed IPO. And we're talking about big, gaudy IPOs, not small ones that essentially function as another funding round. And interestingly, pundits and investors expect some new $1 billion companies to debut in both cleantech and Internet sectors. So maybe the fourth quarter was just the calm before the frenzy? Let's hope so, because it wasn't great, according to Dow Jones VentureSource's quarterly liquidity report issued this morning.

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