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Venture's Q2 was calm (and that's not good)
Equity
The Carrying Capacity of the American Economy for Venture Backed Companies
How many public companies are there in the US right now? It's like single digit thousands, right? I'm going to break protocol and Google this while we're recording. As of March 23, it's 2,400 on the New York Stock Exchange and 3,600 on the NASDAQ. So call it 6K total. That implies that we're going to see the biggest wave of M&A of all time or they're going to die because they're not all going to go public. There's just mathematically, no, it will not happen.
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