PriceWaterhouseCoopers is not going to chop down its MoneyTree venture capital report even though it’s losing long-time and high-profile partner National Venture Capital Association.

“PwC will continue to release its quarterly MoneyTree Report, one of the longest running sources of comprehensive analysis and market-leading insights for the venture capital industry,” a PwC spokesperson told The Skinny shortly after news broke about the severing of the PwC-NVCA partnership.

“The next MoneyTree Report from PricewaterhouseCoopers LLP (PwC), based on data provided by Thomson Reuters, will launch in mid-October,” the spokesperson added.

Thomson Reuters provided quarterly venture investment data to NVCA since 1998, but early Wednesday the venture capital industry trade group disclosed it had decided to go wth PitchBook instead.

PwC responded almost instantly to a request for comment from WRAL TechWire but offered no further details beyond a statement.

A PwC executive in Raleigh referred WTW to a corporate spokesperson for reaction.

The MoneyTree report has been a treasure trove of information for investors and entrepreneurs as well as those who follow the entrepreneurial community (especially the media). However, over the years several new competitors have emerged in the data space, and there are a wide variety of proprietary data bases where VC-related data can be purchased and utilized.

“Ultimately, we felt it was the appropriate time to make the switch to a new data provider to unlock new opportunities for the organization and our members,” the NVCA says.

For more details, read WTW’s earlier story at:

https://wraltechwire.com/national-venture-capital-association-picks-new-provider-for-vc-data/16034246/