On the dwindling number of VC-backed IPOs.

• Author: Rees, Matthew
• Position: On the financial services industry

"Only six venture-backed start-ups went public last year, the fewest since 1977 and down from 86 in 2007, according to data released Monday by the National Venture Capital Association and Thomson Reuters. Venture capitalists sold 260 companies in 2008, down from 360 in 2007."

--New York Times...