ARTICLE | Finance

Ebb & Flow

June 30, 2008 7:00 AM UTC

Why is this quarter different from all other quarters? It seems likely that not a single venture-backed company will debut on a U.S. exchange. That hasn’t happened since 1978, according to the National Venture Association.

In anticipation of this unwanted milestone, NVCA sent a survey to its members on June 22 asking what it means and how long it will last. The association won’t announce the results until Tuesday this week, but the questions themselves reveal the level of anxiety among VCs...