For Most Active Lead Investors, 2023 Has Delivered Few Exits

For the highest-spending startup backers, big exits tend to come in clusters. Investors rack up huge tallies in boom years, like 2021. In quiet years, like this one, few portfolio companies sell or go public at high valuations.

Just how quiet is exit activity in 2023? To get a sense, we looked at acquisitions and IPOs for companies backed by the most active and highest-spending lead investors of the past few years. We focused on five firms: Tiger Global Management, Andreessen Horowitz, SoftBank Vision Fund, Sequoia Capital and Insight Partners. READ MORE