Silicon Valley Venture Capitalist Confidence Index Q2 2013

Bloomberg ticker symbol: SVVCCI

by Anne-Marie Devine

USF School of Management Professor Mark Cannice
University of San Francisco Professor of Entrepreneurship and Innovation Mark Cannice just released his latest VC Confidence Index. Below is a link to the full report. Here is a snapshot of the key findings:

The Silicon Valley Venture Capitalist Confidence Index® for the second quarter of 2013, based on a June 2013 survey of 29 San Francisco Bay Area venture capitalists, registered 3.78 on a 5 point scale (with 5 indicating high confidence and 1 indicating low confidence).

  1. Confidence among VCs in Silicon Valley edged up in Q2 - this is the forth consecutive quarterly increase in confidence in this 9.5 year on-going survey and research report.
  2. Confidence in core technology sectors such as enterprise software, mobility, and cloud, along with renewed interest in energy efficiency and emerging sectors (e.g. the Internet of things), provided a notable optimistic flare in the commentary for this quarter among the 29 responding VCs.
  3. An improved IPO environment in Q2 and expectations for its continuation suggest optimism will persist for the balance of the year.

This includes exclusive confidence trend data and on the record commentary from 29 Bay Area venture capitalists. The Index measures and reports the opinions of Silicon Valley venture capitalists in their estimation of the entrepreneurial atmosphere during the next six to 18 months. There is no other index of its kind that shares actual "on the record" thoughts of VCs. Because the Bay Area is a huge VC hub, so there is likely no better pool of people to gauge the pulse of the current and upcoming environment.