Next Wave: Venture capital is undergoing a reset but no one is changing
- Fifty-six percent of European VCs haven’t returned capital to their LPs in the last 12 months.
- Pressure from LPs is poised to intensify while funding for VC firms remains in the pits.
- Investors of all stripes evaluate macro-risk when they choose to make investments.
The article highlights the challenges faced by investors in African startups due to the changing practices of firms and the deteriorating state of major economies outside Africa. It suggests that investors need to adapt to the changing environment and create new strategies to create wealth and return capital.
