Dow Jones VentureSource released their Q4 2012 and 2012 venture capital statistics and besides being late to the party as has become the norm (we issued our VC data several days ago), their press release underscores other problems in their data. Here is what we learned:
- For venture investors, these seed deals represent dealflow. Not having them means missed opportunities for VCs.
- When trying to understand innovation trends, the earliest stage seed deals are a great signal of where markets may be going. No data means no insights.
- Seed data also helps to provide a view into the investment thesis of firms doing these deals, i.e., which industries they see potential in. Again, not having the data means you cannot understand your investment peers and others in the marketplace.