Quattrone, Qatalyst, Historical Venture-backed IPOs

At the AlwaysOn event yesterday, Frank Quattrone offered some great historical context on the current state of the Venture-backed IPO market, andby extension, the venture capital business in general:

"Over the long term, venture capital firms have typically taken one-third to one-half of their companies public, Quattrone said. Today, only about 10 percent of their portfolios go public, he said. Quattrone expects that to fall further, to about 5 percent, in the next two to three years."