Attorneys React: Venture Capital Exits Hit Decade Low
Attorneys witnessed lowest venture capital exits since pandemic and 2008 market crash, as per Bain & Co. report. M&A market dropped 15% to $3.2tn in 2023, hindering dealmaking. Challenges include valuation gap, high interest rates, macroeconomic uncertainty, regulatory scrutiny, and political pressures. Lower interest rates and improved IPO environment are crucial for a strong exit market. Cautious optimism for potential improvement in 2024. Increased regulatory pressure poses challenges for M&A deals.