What TBED investors need to know about exits
The venture capital market is undergoing significant structural changes, and TBED organizations are under increasing pressure to adjust existing and develop new strategies to meet evolving market conditions and address emerging gaps. For TBED investors, modeling how long investments must be held and what the exit paths are is critical for setting expectations with stakeholders, projecting fund utilization, and anticipating returns that can be reinvested. To that end, SSTI examined over 6,000 exits from VC-backed companies listed in PitchBook with identified nonprofit or government investments to characterize what TBED investors can expect. Our analysis found that it is taking more time and more rounds for companies to find successful exits, putting additional pressure on venture development organization (VDO) and other TBED portfolios by consuming scarce resources and limiting opportunities to reinvest proceeds.
Q2 investment trends continue the shift to fewer but larger deals
SSTI releases new data tool that summarizes investment activity by state and tech area
SSTI has released a new data tool that defines investment activity, one indicator of the vibrancy of a region’s innovation economy, in each of 18 technology areas.