The VC market is getting red hot at the late stage. In fact, nearly the entire industry is highly dynamic right now. 2Q fundraising was quite successful, with 94 funds raising over $14.3 billion in commitments and median fund size jumping up to $59.4 million, a 28% increase YoY. Overall median pre-money valuations are up 80% over 2Q 2014, with Series D+ rounds specifically at an eye-popping median of $254 million. The reasons more and more investors are warning of the risk inherent in such huge late-stage fundings, however, can be found by surveying VC-backed exit activity.
We've created a datagraphic that breaks down every aspect of VC activity in 2Q—click here to check it out.