Late-stage venture capital investments pay more for less

The median late-stage venture capital investment grew to $16 million last year from $10 million, a level it was at for the prior three years. The number of deals continued to grow, reaching more than 4,200 last year.

While the amount invested grew, the percentage of the company received fell. Last year, the median stake was 17.1%, down from 19.1% a year earlier. READ MORE