PB: European VC valuations unbowed
PITCHBOOK writes: European VC valuations largely survive 2023’s corrections Europe’s venture market saw many valuation corrections ...
PITCHBOOK‘s Marina Temkin writes:
Last year, many investors predicted a wave of M&A activity in early 2023 amid dramatically lower valuations and a closed IPO window.
But so far, M&A dealmaking waters have been calmer than ever thanks to an unpredictable course of interest rates, geopolitical instability and a renewed focus on profitability for large tech companies.
In Q1, acquisitions of VC-backed companies fell to the lowest quarterly level in a decade, according to the latest PitchBook-NVCA Venture Monitor…
More here.
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