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September 15, 2022 | Tom Ballard

Venture capital exits plummet through mid-August

Under the headline “Venture Capital Exits Under Pressure,” Pensions & Investments reports that venture capital exit values have plummeted to less than $60 billion this year through August 19. By comparison, the site reports that this figure was more than $505 billion for the first eight months of last year.

While exits via acquisitions and buyouts fell this year, initial public offerings had the biggest decline, dropping to $28.3 billion vs. $431.3 billion for the same period last year. Based on venture capital-backed companies that went public, the median price-to-sales ratio fell to 5.6 times as of August 19, down from 17.3 times a year earlier.

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