On: VC Fund gives money back, says the market for matu...

[Oras]

Isn't that an opportunity to get better deals if the market is weak?

[vecter → Oras]

Weak probably means too much VC competition relative to the number of good investment opportunities, leading to higher valuations, fewer investments in top companies, and lower expected returns.

[cubecul → Oras]

If the bar for a successful IPO is high, it gets harder to underwrite these pre-IPO investments, etc etc trickle down to early stage as well