The bright new age of venture capital

The Economist (11/27/2021)
  • Contrary to early pandemic fears, global venture capital is forecast to hit a record $580B this year (+50% YoY).
  • Rising stock markets have pushed valuations higher, encouraging more public offerings and attracting more investment.
  • The total market cap of VC-backed companies going public is forecast to total $500B (+$300B YoY).
  • Private equity, hedge funds and others now account for 70% of large VC investments (outpacing traditional VC firms).
  • However, fears are growing that rapidly rising valuations will lower long-term venture capital returns.