Startup Valuations Show Strong Growth

NY Times - " The median valuation of venture-backed companies in the United States, before the capital infusion, climbed to $18.5 million in 2006, the highest level since 2000, Dow Jones VentureOne reported. Startups are getting higher values because the opportunities for a profitable exit through an initial public offering or a sale have improved, an analyst told The Red Herring. Some of the largest gains were among information technology companies, whose median valuation has doubled from 2003."