What is in store after a transformational year in 2014?

2014 was a banner year for tech companies raising growth equity in the private market. Investors committed $74B to drive growth and provide liquidity. At least 21 new companies joined the “Unicorn” club with valuations in excess of $1,000,000,000.   Uber raised capital late in the year at a $41B value, a market cap that would rank it 32^nd among all NASDAQ listed companies were Uber public. The private market universe expanded with mutual funds, hedge funds and corporate investors increasing their private portfolios. Marc Andreessen and Bill Gurley began to raise alarm bells about the market and company burn rates overheating.

So how does a company considering raising funds plan for 2015?  Read our full report here.

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