Piano vs PitchBook

IVW Accredits Piano Analytics for Online Measurement

The German circulation-auditing body IVW has accredited Piano's web-analytics tool "Analytics" as an additional measurement option for the Online‑IVW. Effective July 1, the Haas Mediengruppe — owner of the Mannheimer Morgen — is the first publisher to report IVW numbers directly via Piano Analytics, allowing publishers already using Piano to avoid a second measurement tool. IVW Managing Director Kai Kuhlmann and Haas publishing director Mark Wittland praised the step as a way to reduce operational and economic burdens for publishers and to stabilise participation in IVW procedures. IVW says Piano Analytics is widely used in the European market and is hopeful other publishers will follow, though the article notes the Online‑IVW’s relevance has fallen after many large publishers left the system.

• The IVW has accredited Piano's web-analytics tool "Analytics" as an additional measurement option for the Online‑IVW.
• From July 1, Piano Analytics data from the Haas Mediengruppe (including the Mannheimer Morgen) are included in the IVW reporting.
• Haas Mediengruppe is the first publisher to use Piano Analytics for IVW reporting, enabling them to report IVW figures without a second measurement tool.

PitchBook Publishes New Research Reports Including VC Quantitative Perspectives and India Private Capital Breakdown

PitchBook has published several new research reports, including the Q3 2026 VC Quantitative Perspectives, India Private Capital Breakdown, and various weekly credit market wraps, covering topics from venture liquidity to AI agent payments.

PitchBook Releases August 2026 US Private Credit Monitor

PitchBook published the August 2026 US Private Credit Monitor, providing a high-level view of private credit market activity including estimated volume and counts, spread distribution, syndicated and direct lending takeouts, and middle market CLO issuance.

Capital Clarity: Key Questions for Founders Before Raising VC

This article advises founders, especially in health technology, to critically evaluate whether venture capital aligns with their long-term goals. It highlights the importance of market size and fund size, noting that mega-funds inflate expectations for Seed startups. Alternatives like customer revenue, bank loans, revenue-based financing, grants, and strategic partnerships are presented. The piece emphasizes the discipline of saying no to unsuitable capital, as exits are slower and valuations are correcting. Ultimately, it argues that founders should build the right company on the right terms rather than raising the maximum capital.

• The article was published on September 8, 2026, on EU-Startups.
• In 2024, 30 US venture firms captured 75% of capital raised, with nine taking half.
• A €2 billion fund targeting 3x returns needs €6 billion in proceeds, implying over €40 billion in combined exit value.