VC Optimism Returning But More Pain Ahead In Their Portfolios
Hunter Walker
AUGUST 8, 2023
Our estimates were not out of line with new data from top firms like USV who, according to reports, “ marked down the value of seven of its funds by nearly 26%.” ” What are my major assumptions for why there’s more markdowns to come in the aggregate for the last decade of venture portfolios? Valuations.
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