Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The Rabid Capitalist noted the inability of venture capitalists to harvest their portfolio companies through initial public offerings or acquisitions (see https://therabidcapitalist.com/2024/04/18/no-exit/). Private equity funds face a similar challenge. Unfortunately, there is no evidence of a revival in sales of private equity portfolio companies at this time.
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