Preqin estimates the global venture capital industry has now surpassed $2 trillion in AUM, an all-time record. 💰 🌈 🦄 #venturecapital #vc #startups #entrepreneur #entrepreneurship
Impact ?
Hence the huge valuations recently and lots more new funds entering the industry
We defaulted to the least efficient way of progress - trial and error.
Curious to see how much will convert to exit $ 😄
Will this have a positive impact or just inflated valuations and lower ROIs?