Bubble? What Bubble? How It's Different This Time. And How It Most Certainly Isn't (25/37)

But LPs expressed caution, too. Nearly 75% of LPs have concerns about investment pace, valuation levels and burn rates of underlying companies. How would you describe your fund’s outlook on your existing (VC) managers activities? Deeply concerned about the market behavior 6% Very happy with investment activities of 26% our existing managers A bit concerned by pace, valuation 68% creep and burn rates 25 Source: Upfront Survey Jan 2016, 72 LPs.

Bubble? What Bubble? How It's Different This Time. And How It Most Certainly Isn't - Page 25

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