Venture-backed exit values plummet in Q1
Venture-backed exit value in the U.S. reached $33.6 billion in the first three months of 2022, marking an 82.5 percent decline from the previous quarter, according to the latest PitchBook-NVCA Venture Monitor. In fact, PitchBook used the term “collapsed” to described the change.
While the total exit value for Q1 is more in line with figures posted in 2018 and 2019, it represents a stark decline after three consecutive quarters of more than $192 billion — owing to a slew of headwinds from interest rates, inflation and geopolitical uncertainty.
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