Notable Capital's Hans Tung on the state of VC and the upside to down rounds | TechCrunch
Briefly

An IPO is the beginning of public investors being along for the ride. So when you think in longer-term valuations, up or down temporarily doesn't matter as much as generating a big outcome at the end.
By September 2023, nearly 11% of the year's VC deals were down rounds, according to PitchBook data.
Read at TechCrunch
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