Pod: 'Little Tech' Riding Hood (and the SBC Recyclers)

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The Monday Note:

'Little Tech' Riding Hood (and the SBC Recyclers)

Show Note Visuals:

A momentary IPO resurgence in 20/21 has now slowed to a trickle.

…and technology’s share of that flow is even smaller. The IPO investors of 2024 are looking for cashflow and profitability rather than top line growth at all costs.

I have cut out most of the CAPS LOCK exclamations of Mr. Calacanis. Bottom line: VCs cannot raise new funds because they have not been able to dump their bags in the M&A or IPO markets. Not a complicated story. Click image above for full Carta report - State of Private Markets: Q2 2024.

It is starting to show up in the TMT M&A numbers…

Data from Koyfin.

Squirrel Out!

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