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Where do you get this information? I believe you, but I'd like to look more into it.
by MathCodeLove 5y ago
Where do you get this information? I believe you, but I'd like to look more into it.
- mbesto 5y agohttps://www.bain.com/globalassets/noindex/2021/bain_report_2021-global-private-equity-report.pdf https://www.bain.com/globalassets/noindex/2021/bain_report_2... Page 19 FTA: It’s hardly surprising that many GPs were afraid Covid-19 would put an end to the past decade’s golden era of private equity fund-raising. But those fears turned out to be unwarranted. Global fund-raising of $989 billion was a decline from 2019’s all-time record of $1.09 trillion (see Figure 18). But it was still the third-highest total in history, and if you add in the $83 billion raised for SPACs, it was the second highest. All told, the industry has raised almost $5 trillion in capital over the past five years. Buyout funds alone raised about $300 billion in 2020, or $340 billion if you include SPAC capital aimed at buyout-type targets, estimated at $41 billion (see Figure 19).
- MathCodeLove 5y agoThank you!
- hackitup7 5y agoIf you're asking about the oversubscription, many fundraising rounds these days are highly competitive and oversubscribed due to an abundance of capital. So it's common for hot companies to have many suitors.
- MathCodeLove 5y agoI was mainly asking how does one know that there is an abundance of capital? Is there some specific report or datasheet to look at?
- hackitup7 5y agoYeah, there's stuff like this: https://pitchbook.com/news/articles/2021-us-vc-fundraising-exits-deal-flow-charts https://pitchbook.com/news/articles/2021-us-vc-fundraising-e... This data corroborates first and secondhand experience from being close to people on both sides of the table wrt technology funding. Most people aren't shy about discussing the topic as it's just taken as a fact of life in the current environment.