As the value of startup exits craters, poor liquidity may be harming VCs’ ability to raise capital

Is the liquidity crunch caused by the slow pace of startup exits hurting fundraising for venture capitalists?
Recent data on the second quarter makes that a somewhat easy theory to support, given that fewer startups are being bought out or going public, and VCs are raising new capital at a slower pace than in the past five years or more.
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According to first-look data from PitchBook, venture capitalists in the U.S. raised $33.3 billion through the end of Q2 20

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