Venture capital normally takes money off the table after 4 to 5 times original investment and after 5 plus years invested. The Top 20 are lucky to be breaking even after 5 years invested , without Covid delays and drug manufacture over past 2 years they would have seen some of those multiples.
The fund managers invested and the Billionaires like Mr and Mrs Stokes are not going to sell at break even. Hang in for the ride. We going to see 2 years of delayed rises come in the next six months imo.
Venture capital normally takes money off the table after 4 to 5...
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