I was at a venture investor dinner last month where our host asked each of us to stand up and, as part of our self-introductions, to state where we needed help from the group and where we could help others. One of my fellow investors, a partner at a well-known firm, joked that he was “looking for this thing called liquidity” and asked if anyone knew where to find it. The wave of laughter from the crowd spoke volumes. This also caused me to reflect on the things we’ve learned about liquidity over the last few years. Fortunately, it appears that the decline in interest rates means that many of us will begin to find liquidity in 2025 and beyond. READ MORE
