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Transition: Global Venture Capital Insights Report 2006
This fourth annual report on the state of the venture capital industry indicates that while in the near term in the US there will probably be continued reliance on both M&A and exploration of more innovative exit opportunities, improving market conditions and investor demand for venture-backed offerings are likely to result in increased venture-backed IPO activity in both the U.S. and Europe through 2006.
Geography
Link
http://www.ey.com/global/download.nsf/International/SGM_-_VC_-_Insight_-_May_2006/$file/EY_SGM_VC_Insight_Report_May2006.pdf