Private tech valuations underwent a sea change in the fourth quarter of 2012.
Global median late and mid-stage ratings were down significantly from Q2011 XNUMX, registering year-on-year decreases that ranged between 24% and 50%, as rising interest rates, turmoil in public stocks and a stagnant IPO market caught up with private tech.
One exception to the trend were start-ups.. Although not peaking in Q22-3, valuations of seed and angel tech companies showed surprising resilience, sitting 21% above QXNUMX-XNUMX levels.
