“Exploring Creative Techniques for VCs to Return Investor Funds in Times of Limited Liquidity”
Today on The Exchange, we’re digging into continuation funds, counting down through some of our favorite historical Exchange entries, and discussing what we’re excited to report on for the rest of the year!
It is also a very topical one: “The greatest source of liquidity now is going to be continuation funds,” VC Roger Ehrenberg predicted in a recent episode of the 20VC podcast.
If you have been following the last few months of venture capital activity, the “why now?” is easy to answer.
“It’s a viable strategy for a decent swath of the venture industry,” Ehrenberg told 20VC host Harry Stebbings.
We went from tallying monster rounds and a blizzard of IPOs to watching venture capital dry up and startup exits become rarer than gold.
