#177 Top VC CFO Premium Content (Summer 2024)
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Top VC CFO Premium Content (Summer 2024)
As we previewed earlier this week, the official end of summer has arrived. For this edition, we’re sharing some of our top VC CFO premium content from summer 2024. We hop you enjoy it!
VC DPI in Year 5 - What Does It Mean?
David Clark at VenCap shared the following: “DPIs - it takes 10-12 years for a company to go from being founded to IPO. Don't expect much DPI in the first 5 years of an early-stage fund's life. Also, liquidity in VC comes in waves. 2021 was one of these waves. So, no surprise later vintages are lagging on DPI.”
State of Private Markets @ Q2 2024
Top takeaways:
Fundraising grew from $18.7b (Q1) to $20.9b (Q2) across US startups
Down rounds fell from 24% to 17% Quarter over Quarter. Good news! Down round percentages had been climbing since mid-2022
Percent of bridge rounds fell for every stage except seed. More capital betting on new companies vs supporting current ones from VCs (so good for some, bad for others)
Number of total acquired companies hit the highest mark since Q3 2022
Strong median valuations at Seed ($15m pre-money) and Series A ($40m pre)
US Startup Fundraising Benchmarks - Memorize This!
Picture of the Day: US Startup Fundraising Benchmarks (Carta)
Highlights: PitchBook-NVCA Venture Monitor (Q2 2024)
Every quarter, we highly recommend reading the PitchBook-NVCA Venture Monitor. In the report, they provide great market data on what’s going on in VC. From there, we can take that data and make some predictions about the future! Here are some of our favorite highlights from the 50-page report (we pulled out the best insights so you don’t have to). We’ll also share takeaways and predictions.
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