valuations

With market watchdogs looking more closely at private asset pricing, affiliate title Private Equity International spoke to managers of semi-liquid funds about their valuation methods.

VCs foresee more flat and down rounds this year for companies that last raised capital at heady valuations during the venture boom.

Coller Capital’s biannual survey of global LPs reveals low expectations for the venture industry this year.

The outsized capital demands of investors in late-stage deals have caused corporate VCs, hedge funds and others to flee VC amid a less alluring risk/return profile as exits dry up.

The median pre-money valuation for an early-stage deal hit a high of $55m in the third quarter, even as deal-making declined for the third consecutive quarter.

A new report shows that the US has created net new unicorns at a rate of 52 percent year-over-year over the past five years, or half the rate of Europe.

Sharp declines in values of VC-backed companies now trading publicly give investors more leverage when negotiating with founders.

In what may be the most surprising revelation of PitchBook’s new valuation report, the median pre-money valuation for late-stage deals increased from $105m in Q1 to $110m in Q2.

GPs and LPs are keeping a close eye on 409A filings and new financing rounds, which can reverberate in hundreds of funds, judging by two recent examples.