#169 VC Market Update (Q2'24) & Exit Predictions (DPI)

July 25, 2024

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Highlights: PitchBook-NVCA Venture Monitor (Q2 2024)

Every quarter, we highly recommend reading the PitchBook-NVCA Venture Monitor. In the report, they provide great market data on what’s going on in VC. From there, we can take that data and make some predictions about the future! Here are some of our favorite highlights from the 50-page report (we pulled out the best insights so you don’t have to). We’ll also share takeaways and predictions.

Multiples have not rebounded: currently at 4.9x.

Deal activity expands again. 4k+ deals, almost $60b in value. CoreWeave’s $8.6b Series C and xAI’s $6.0b Series B made up 26.3% of Q2’s total deal value.

Deal activity by year - on track to beat 2023.

Is early stage deal activity back?

Generative AI Infrastructure Megadeals: $38.6b YTD.

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