Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
Historically, venture capital has provided a cluster of good returns for a few years surrounded by long tails of disappointing results that can persist for a decade. Yesterday, PitchBook released its preliminary data that confirmed that we continued to trudge along a long road of distressing performance through year-end 2024.
Venture capital funds have been unable to sell or float their portfolio companies.
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