The study includes all US VC-backed IPOs from Q1 2010 to approximately Q1 2013.
The data is sourced from VentureSource.
A VC-backed company is defined as a company that has received funding from atleast one institutionalized venture capital firm.
Only IPOs launched on major US stock exchanges are included (NASDAQ and NYSE)
% change in price is calculated as the change between the daily last reported priceand the
offering price .
60-D volatility refers to the 60-D volatility metric for each security, measured at 60trading days out from the initial IPO date.
All trading data are sourced from Bloomberg