Author's Profile

Kyle Stanford, CAIA

Director, VC Research

Kyle Stanford is the director of US venture capital research at PitchBook, where he oversees a team of analysts covering the US venture market. He has developed PitchBook’s coverage areas within nontraditional VC investment, venture debt and VC ecosystem development, as well as our breakout of the venture growth stage of the VC market. He also contributes to quarterly core reports, produces thematic analyst notes on various topics and speaks at industry conferences such as SXSW and Collision. He is regularly cited in top-tier publications, including The Wall Street Journal, The Financial Times, and Axios, and has been featured in segments on CNBC, Bloomberg, and Yahoo Finance. Prior to this role, he worked on PitchBook’s publishing team, building custom reports across all asset classes and managing the development of analyst core research reports. 

Stanford received a bachelor’s degree in history from the University of Washington and is a CAIA charterholder. He is based in PitchBook’s Seattle office. 

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Articles by Kyle Stanford

The mega IPOs that could shut out the rest of VC

They could be the tide that lifts all boats—or the wave that capsizes the market.
March 19, 2026

PitchBook Analyst Note: Mega IPOs Could Threaten 2026 IPO Class

This analyst note examines the potential 2026 IPOs of SpaceX, OpenAI, and Anthropic and the implications these listings could have on VC liquidity and the broader IPO market.
March 18, 2026

PitchBook Analyst Note: Differentiating VC Returns by Series Across US Regions

This analyst note examines how US venture capital is concentrating in AI and coastal hubs, how returns shift by stage across regions, and what outsized exits mean for risk and capital.
March 6, 2026

Tariff Shock: Perspectives on Private Market Impacts

This analyst note examines how renewed US tariff uncertainty is reshaping risks, liquidity, and strategy across private credit, PE, VC, and European investments.
February 23, 2026

US VC Valuations and Returns Report

The 2025 Annual US VC Valuations and Returns Report delves into the sizes and valuations of the quarter’s US VC deals and examines the most recent returns data, highlighting deals with nontraditional investor participation and examining valuations by select sectors.
February 10, 2026

PitchBook Analyst Note: 2026 IPO Outlook for US VC

This analyst note examines how policy alignment, valuation resets, and uneven post-IPO performance are shaping a gradual and uncertain recovery for the US IPO market heading into 2026.
January 26, 2026

PitchBook-NVCA Venture Monitor

The Q4 2025 PitchBook-NVCA Venture Monitor presents a data-driven overview of the key trends defining the US venture capital landscape.
January 14, 2026

Global VC First Look

The First Looks are a preliminary release of top-line venture industry figures for the global, US, and European markets, intended as a first-to-market source of key datasets and findings.
January 6, 2026

PitchBook Analyst Note: AI, Megadeals, and the Making of a Concentrated Venture Market

PitchBook examines the rising concentration in US venture capital, where fewer companies and funds dominate dealmaking and fundraising. This research analyzes market share shifts across sectors and regions to assess VC’s diversification promise.
December 23, 2025