National Venture Capital Association (NVCA) reported that venture capital performance showed positive returns across all investment horizons 3 years and longer for the period ending December 31, 2008.
As you can see in the table, venture returns across all horizons outperformed public market indices, NASDAQ and the S&P 500, through December 31, 2008.
Venture Capital Funds Return Are Still High Compared to NASDAQ or S&P 500
You can read more from NVCA website:
http://www.nvca.org/index.php?option=com_docman&task=doc_download&gid=424&Itemid=93
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