VC Firms Face Steep Losses
  • last year
Venture capital firms that held tech stocks after taking them public saw losses in the recent bear market. The selloff of tech stocks in 2022 caused steep losses in their investments. VCs typically sell their stocks to avoid market volatility after the company goes public. But during a decade-long bull market and the tech boom during the pandemic, investors switched tactics and held on to their holdings to maximize returns. The lower returns could mean less available funds for future investments.
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