Median value for a startup was $18.6 mln in Q1 2006

The median value of a pre-investment start-up hit $18.6 mln in Q1 2006, up $3 mln from Q1 2005. The figure is the highest since the Q4 2000, when the median value of a company before accepting venture capital funding topped out at $23 mln. The median value of a telecoms startup rose to $82.8 mln, up from $29.9 mln in Q1 2005. The median value of a later-stage software startup rose to $35.5 mln, up from $19 mln in Q1 2005.