Valuations having major effect on decline of VC-backed exits
February 15, 2017
In some ways, exits drive the venture industry by returning capital to LPs that can then be reinvested into the next wave of startups. That exit environment was particularly rocky in 2016, especially with regard to IPOs. Heightened acquisition prices may have held overall exit value high relative to past years, but there's a staggering amount of capital left locked within the venture market.