Is the liquidity crunch caused by the slow pace of startup exits hurting fundraising for venture capitalists?
Recent data on the second quarter makes that a somewhat easy theory to support, given that fewer startups are being bought out or going public, and VCs are raising new capital at a slower pace than in the past five years or more.
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According to first-look data from PitchBook, venture capitalists in the U.S. raised $33.3 billion through the end of Q2 2023. That figure pales in comparison to records set...
