This is a solid reality check on the late-stage VC liquidity excuses. If high interest rates and macro risks were really the main culprits, why are M&A valuations hitting record highs, and why has the NASDAQ been on fire? Feels like some funds are just reluctant to take exits that don’t match their peak 2021 valuations.
This is a solid reality check on the late-stage VC liquidity excuses. If high interest rates and macro risks were really the main culprits, why are M&A valuations hitting record highs, and why has the NASDAQ been on fire? Feels like some funds are just reluctant to take exits that don’t match their peak 2021 valuations.