Some startups are selling at 80% discounts due to the collapse in valuations across the tech industry, per BI.
As of the end of 2022, limited partners or LPs in VC funds were on average selling their stakes on the secondary market 32% below net asset value, according to data from investment bank Jefferies.
In March, it was announced nearly half of all US venture capital-backed startups were involved with Silicon Valley Bank, per Bloomberg.
88% of Forbes' 2022 next billion startups are SVB clients, per their own home page.
44% of US VC-backed per their own website.
Currently it is estimated that 50% of all US startups used Silicon Valley Bank.
Some startups are selling at 80% discounts due to the collapse in valuations across the tech industry
5/23/2023
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