General Catalyst CEO: Peak Ambiguity for IPO Market
With volatility remaining high, private equity and venture capitalists are left with tough decisions around waiting to go public or accepting lower valuations. General Catalyst is one of the larger venture capitalists behind some of the firms high up in the IPO pipeline. Hemant Taneja, the CEO of the VC firm joined Wall Street Beat on Bloomberg Open Interest to talk about the challenges in the pipeline.
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