Link to original article: Q3 2023: PitchBook-NVCA Venture Monitor First Look
Has venture hit its rock bottom?
Does venture-backed fundraising have further to fall, or has it hit its rock bottom? The languid IPO market is finally signaling a reopening, but it’s still too soon to tell how much exit activity investors can expect.
Deal closures are still lagging far behind recent years and may cloud how well LPs can pick out the stellar GP fund managers from the mediocre. Get a taste of how Q3 shaped up for VC around the world with our First Look data packs for the Q3 2023 PitchBook-NVCA Venture Monitor, Q3 2023 European Venture Report, and Global Venture Capital dataset.