Tisch: Early-stage venture liquidity timelines have lengthened to 12-15 years
David Tisch · Building Durable Brands in Venture Capital | David Tisch on TBPN · Apr 26, 2025 · at 22:22
BoxGroup co-founder David Tisch discusses the lengthening holding periods in early-stage venture capital and the misalignment with founder lifecycles.
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“Time for liquidity in early stage venture has gotten pushed significantly from where it was more predictable a decade or two decades ago. You could say seven to 10 years on an early stage fund and mean it. Today, I think you say seven to 10 years, and you're like, by that, I mean, like, 12 to 15.”
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