Bullish VCs: Growing Optimism in the World of Venture Capital

TLDR: Venture capital investors are feeling more optimistic about the performance of their portfolios in 2024, according to Preqin’s latest investor survey. The survey results showed that 38% of Preqin clients anticipate better performance in venture capital portfolios this year, up from 12% the previous year. However, fundraising in the venture capital industry has seen a downturn, with a decrease in both the number of funds closed and the amount raised. Additionally, deal activity has been affected, with early-stage deals outperforming late-stage deals. Healthcare emerged as a key sector, accounting for almost half of the aggregate exit value in 2023. Despite the challenges facing the venture capital industry, 50% of respondents plan to maintain their venture capital allocation unchanged in 2024.