Challenges in Small Business Capital Formation

The podcast discusses the challenges in small business capital formation, highlighting the need for external funds for most businesses. It mentions the significance of capital formation for the vibrancy of markets, innovation, and job creation. The decline in deal volume and VC exits is attributed to challenges in the later stage deal-making activity and limited secondary market liquidity in the private markets. It emphasizes the importance of new companies being formed for the longevity and growth of the economy. The summary also touches on the costs of going public and compliance, highlighting the impact on smaller entities.