MATTERMARK 2015 US STARTUP FUNDING REPORT Historical Startup Capital Deployment vs. S&P 500 Quarterly Startup Investment Startup Investment 10 Year Trend Quarter-End S&P 500 S&P 500 10 Year Trend $25 2,500 ) $20 2,000 D S U $ X) s P illion$15 1,500 S B (^ ex (in d In ed y lo $10 1,000 500 ep P D & l S a it p a $5 500 C $0 06 06 06 06 07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 10 11 11 11 11 12 12 12 12 13 13 13 13 14 14 14 14 15 15 15 15 ce 0 ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' a 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 P Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 16 ' 1 Q SOURCES: MATTERMARK RESEARCH, CRUNCHBASE, ANGELLIST 4

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