In 2023, U.S. VCs faced a liquidity crisis, investing $60 billion more than they returned, with only $26 billion in returns – the lowest since 2011.
Despite record-high funding in recent years, the exit market has been quiet. However, IPOs like Klarna and ServiceTitan may bring relief in 2024, potentially reducing the deficit.
In 2023, U.S. VCs faced a liquidity crisis, investing $60 billion more than they returned, with only $26 billion in returns – the lowest since 2011.
Despite record-high funding in recent years, the exit market has been quiet. However, IPOs like Klarna and ServiceTitan may bring relief in 2024, potentially reducing the deficit.
And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. Since its launch in 2013, Telegram has grown from a simple messaging app to a broadcast network. Its user base isn’t as vast as WhatsApp’s, and its broadcast platform is a fraction the size of Twitter, but it’s nonetheless showing its use. While Telegram has been embroiled in controversy for much of its life, it has become a vital source of communication during the invasion of Ukraine. But, if all of this is new to you, let us explain, dear friends, what on Earth a Telegram is meant to be, and why you should, or should not, need to care. 'Wild West' Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open. For tech stocks, “the main thing is yields,” Essaye said.
from fr
