With all the disruptive messaging and policy indications coming from Washington over the last six weeks, markets seem to be hitting pause on multiple fronts. Uncertainty is an unfortunate consequence as many company leaders cannot make strategic business decisions in the face of so much noise. 

One area where the uncertainty has had a significant impact is in the VC-backed IPO space, where companies planning to go public are having to delay processes to receive growth capital. Let’s hope cooler heads prevail and uncertainty subsides in the near term. 

Venture capitalists and their limited partners were eagerly anticipating an uptick in IPOs—and resulting liquidity—this year and into 2026. A material exit increase would start clearing the backlog of companies staying private for record durations. Last year, VCs booked $149 billion in US exit value, continuing to trail 2018 levels.

https://pitchbook.com/news/articles/vc-backed-ipo-hopefuls-all-eyes-on-market-volatility?sourceType=NEWSLETTER