Fenwick & West LLP, a national law firm that provides comprehensive legal services to technology and life sciences clients of national and international prominence, recently put out their Q2 2011 Bay Area Venture Deal Terms report. VC Experts' coverage of that report can be found at Q2 2011 Bay Area Venture Deal Terms. In light of this, we have provided an early look at some of the analysis that we have compiled thus far covering areas outside of Silicon Valley for Q2 2011. Specific company terms & valuations are available to subscribers of VC Experts Valuation & Deal Term database. In this report, you will see some consistencies in terms with both areas, and also some differences.