01 / observation

9 Feb 2022

Now what’s happened is that the IPO point has been delayed because you’ve got this ability to raise late-stage growth capital, and more and more checks have been written — $100 million, $200 million, $300 million — into companies that are worth $1 billion, $2 billion, $10 billion.

“Now what’s happened is that the IPO point has been delayed because you’ve got this ability to raise late-stage growth capital, and more and more checks have been written — $100 million, $200 million, $300 million — into companies that are worth $1 billion, $2 billion, $10 billion.”

Speaker: Sebastian Mallaby
Episode: Sebastian Mallaby on Venture Capital
Publisher: Conversations with Tyler

What Sebastian said.

Now what’s happened is that the IPO point has been delayed because you’ve got this ability to raise late-stage growth capital, and more and more checks have been written — $100 million, $200 million, $300 million — into companies that are worth $1 billion, $2 billion, $10 billion.