The objective of this study is to examine the syndication impact at venture investors' performance. The research is performed by regression analysis at the sample of more than 7,000 venture firme' deals for the period of 2005 - 2013.
In this article problems connected with Russian innovative companies’ valuation in the purpose of venture financing are analyzed. Some aspects of investors’ practice are considered, for instance market situation, features of legislation, IPO. But the most significant problem is the basis of valuation method. As an example we evaluated an innovation project “Ustanovka bistrogo pirolisa torfa (UBPT)” using several methods.