VC survey shows increase in valuations in Q4 2004: "The change in share price of companies funded during 2004's fourth quarter compared with their prior financing round was up 36 percent, according to a survey of 101 technology and life science companies headquartered in the Silicon Valley and San Francisco Bay Area. The survey was conducted by Fenwick & West LLP, of Mountain View, a law firm providing services to high technology and life science clients."—Silicon Valley Business Journal