Despite $317B in VC dry powder ($$ to invest), the lack of recent exit activity makes it harder to invest more capital in startups with confidence. However, new investments today are most affected by exits in 7-10 years, not now. Psychology vs. Excel gap? The negative effect goes further, making it much harder for VCs to raise new capital for their funds. This is not ideal for niche (and much-needed) new VC investment strategies led by new funds. Tom Quigley, thanks for highlighting this data in the climate tech context in your Superorganism newsletter. And I love your all's focus as "the first venture capital firm dedicated to biodiversity." 👏 https://lnkd.in/eZXz_NyC
This is an interesting problem. Thanks for sharing.
It's intriguing how numbers paint a different story than reality does. What solutions might help bridge that gap? Chris Wedding
Really staggering numbers Chris Wedding.
Thanks Chris! There's a lot of crunch in the VC markets right now.
Serial energy entrepreneur | Forbes 30 Under 30 | Identifying and meeting game changing founders | Building connections across energy transition innovators in Houston | furtively abc 浩 雲
4moAnyone have a hypothesis on how interest rates coming down will effect liquidity in the public markets for exits?