VCs confront the turmoil

The meltdown in public equity valuations is already having upstream effects on VCs, providing opportunities as well as nail-biting challenges depending on how the firms are structured and where they are in their funding cycles.

For VCs able to invest in public equity, this obviously is a great time to go bottom fishing. But the core venture business is more challenging for VCs having to deal with LPs under pressure to rebalance or even cash out of private equity portfolios, as well as how to allocate funds to support existing portfolio companies. And times are hard for VCs trying to raise new funds...