SiliconBeat

This news won’t come as much of a surprise, but the number of initial public offerings worldwide fell in the third quarter by 82 percent from the year before to 20, while the total amount of cash invested fell 89 percent to $9.3 billion, according to a review by Renaissance Capital’s IPOhome.com.

And of the top 10 global IPOs, only one originated in the U.S.

But the lack of IPOs worldwide wasn’t the only negative news: a quarter of the IPOs that did go out the door are down now more than 30 percent.

Our own record keeping shows that for the second quarter in a row, there were no IPOs in Silicon Valley, something that hasn’t happened since the first and second quarter of 2003 when the war in Iraq began. So far, only one local company has launched an IPO, this year: ArcSight, the Cupertino developer of security compliance software, which went public in February at $9 a share. They closed Friday at $6.90.