Venture Capital Valuations: Mid-Year Outlook 2024

Venture Capital Valuations: Mid-Year Outlook

VC down rounds still prevalent but first signs of performance bottoming out

Venture capital performance improves for the first time in two years, while investor concerns about overvaluation are easing
Down rounds are still prevalent and affecting one in five companies
In the weak exit environment, sales to GPs in the first quarter of 2024 made up 9% of exits – the highest in a quarter in the period since 2017