On the Road to Recap:
abovethecrowd.com
APRIL 20, 2016
In late 2015, many public technology companies saw a significant retrenchment in their share prices primarily as a result of a reduction in valuation multiples. In Q1 of 2016 there were zero VC-backed technology IPOs. Cash distributions are what matter at the end of the day, bug big paper gains still make for good fundraising pitches.
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