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He said operations would be tightened to increase efficiency and fix or exit markets and products that do not meet financial and strategic goals.
"The quarter's low fund-raising numbers are reflective of ongoing challenges within the venture capital exit markets," Mark Heesen, president of the National Venture Capital Association, said in a statement.
She attributed Accel's success to its 25-year track record as one of the top firms in Silicon Valley, its geographically diverse investor base and its success in the two years before the last six months, when exit markets have been virtually closed for venture-backed start-ups.
Hypothesis 7: European exit markets are too fragmented .
And the potential upside possibilities are big, as the IPO and exit markets heat up.
8. Exits – This is a tough one, but Europe needs many more exit markets.
Similar(41)
The exit market has changed drastically because of a decline in mergers, acquisitions and initial public offerings.
Yes," said Mark G. Heesen, president of the National Venture Capital Association, adding that many venture firms had been waiting for the exit market to improve before raising money for new funds.
The exit market in France is small.
Yet the 2016 exit market was a mixed bag.
Messaging took a third of the exit market at $31.4 billion $10.6 billionn without WhatsApp) followed by games $16.7 billion.
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