Cravath Emerging Company and Venture Capital Insights: 2023 Mid‑Year Market Update

On July 31, 2023, Cravath published the latest edition of its Cravath Emerging Company and Venture Capital Insights newsletter, entitled “2023 Mid‑Year Market Update,” which provides an overview of global venture capital activity during the first half of 2023. The newsletter examines key sectors for VC investment during the period and current exit trends, including limited IPOs with M&A still providing stronger exit opportunities. This edition also offers insights on the Securities and Exchange Commission’s continued focus on regulation of digital assets and how recent bank failures in the U.S. could potentially impact venture debt availability.

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