This article critiques the venture capital model, arguing that it increasingly favors large firms at the expense of smaller ones. It highlights how this trend limits opportunities for many companies and leads to poorer exit outcomes. The author suggests that venture capital should split into distinct small and large funds to improve the ecosystem.

The article discusses the anticipated landscape for venture-backed IPOs in 2025, highlighting key trends and potential challenges that companies may face as they prepare for public offerings. It also examines the impact of current market conditions on these IPOs and the overall investment climate.

VC investments in fintech have faced a downturn, but recent late-stage deals signal a possible rebound, with median pre-money valuations rising significantly. Despite the positive trends, many leading fintech companies remain cautious about going public due to market volatility and regulatory challenges.