Key Points
- Venture capitalists at Web Summit — one of Europe’s biggest tech events — say things have become more difficult for tech investors as they’re unable to cash out of long-term bets.
- “In the VC world, it’s really all about liquidity stupid,” Edith Yeung, general partner at Race Capital, said in a CNBC-moderated panel.
- Larry Aschebrook, founder and managing partner of G Squared, said the hunt for liquidity is getting harder, despite “nuts” funding rounds for AI firms like OpenAI.
