DeMeireles: Peak 2021 startup valuations will take years to grow into
Marco De Morales · Allan Jean-Baptiste and Marco DeMeireles – Under-covered Venture Markets and Teams at Ansa Capital (Manager Meetings, EP.36) · Sep 1, 2022 · at 34:53
Marco DeMeireles, co-founder of Ansa Capital, discusses the overhang of 2020-2021 peak venture valuations held by incumbent funds during the 2022 market correction.
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“There's the dynamic around having businesses in their funds that have, ah, high watermarks from twenty-twenty, 21, even at the start of this year. That will take years potentially to grow through if they can grow through it.”
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