VC waiting for market to turn in its favor
Venture exit activity is still stuck in neutral. With uncertainty remaining in global markets, VC-backed IPOs and M&A generated less than $40 billion in exit value during Q3. The continued slow market has weighed further on fundraising, as LPs take a cautious approach to new commitments.
Global deal activity slowed for the third consecutive quarter, as the market looks for a balance as rate cuts loom. Check in on how the VC industry fared in Q3 with our First Look data packs for the Q3 2024 PitchBook-NVCA Venture Monitor, Q3 2024 European Venture Report, and Global Venture Capital dataset.