1. Home
  2. Discover
  3. Business
  4. PitchBook News

PitchBook News - A 2024 IPO, but at what cost?

Meet the AI unicorns of 2023; VC's primer on biopharma; what's the outlook for distressed debt?
Read online | Don't want to receive these emails? Manage your subscription.
PitchBook
Log in
The Daily Pitch: VC
December 26, 2023
The Daily Pitch is powered by PitchBook’s industry-defining research and best-in-class data
Ads
IPO outlook improved, but listing will remain a slog for startups
(Howard Kingsnorth/Getty Images)
While 2024 IPO activity will likely exceed this year's, investors and advisers are not anticipating a wave of new offerings. Most of the companies that do make it out will, more likely than not, be down-round IPOs and will have messy cap tables that some investors are anxious to clean up.
read more
 
Share: Email LinkedIn Twitter Facebook
Ranking Europe's largest PE buyouts of 2023
(DBenitostock/Getty Images)
It may not have been a blockbuster year for European PE dealmaking, but several major transactions still came through in 2023. Permira and Blackstone's bid for Adevinta and GTCR's announced Worldpay deal, for example, both breached the $10 billion mark.

Take a look at our roundup of the 10 largest PE buyouts in the region.
read more
 
Share: Email LinkedIn Twitter Facebook
 
Since yesterday, the PitchBook Platform added:
48
People
55
Companies
See what our data software can do
 
A message from PitchBook  

2024 PitchBook Media Kit released
Volatility is on the rise, everywhere. Dealmakers are looking for insights, services and tools to navigate challenging, complex market environments—and you can help them. By partnering with PitchBook Media, you can reach over two million industry professionals spanning the C-suite to flagship GP offices. Customize a unique array of options from the brand-new 2024 PitchBook Media Kit, including:
  • Sponsorship of market-leading reports such as the PitchBook-NVCA Venture Monitor
  • Placement in the most widely read industry newsletters such as the Weekend or Credit Pitch
  • Sponsored columns to share your specific message or thought leadership
  • Bespoke research options for unique, in-depth analysis
Talk to us
Share: Email LinkedIn Twitter Facebook
 
Meet the AI unicorns of 2023
The 2023 unicorn class is projected to be the smallest since 2017, with 88 startups crossing the billion-dollar valuation threshold so far, according to our unicorn tracker. Within this thin herd, 28 are AI companies.

Among the new unicorns to know are cloud infrastructure developer CoreWeave and Canadian natural language processing software specialist Cohere. CoreWeave became a unicorn in late spring after a $421 million Series B that valued it at a reported $2 billion.
explore our unicorn tracker
 
Share: Email LinkedIn Twitter Facebook
How distressed debt investors could find opportunity in 2024
(Zwiebackesser/Shutterstock)
US distressed debt players found relatively scant opportunity this year. But if companies continue to struggle to meet their financial obligations, loan defaults could rise in 2024. Healthcare, software and commercial real estate are among the sectors gaining attention.
read more
 
Share: Email LinkedIn Twitter Facebook
 
Biopharma investments hinge on the science
VCs are often betting that their portfolio companies will disrupt lives. But those who bet on biopharma are counting on innovations that save lives. Since investment in the sector peaked in 2021, VCs have been more discerning with their capital, keeping a closer eye on clinical trial results and making late-stage deals.

Our inaugural biopharma Emerging Tech Research report offers a comprehensive primer and an update on VC trends in the space. Our analysts spotlight traditional investment areas like chemistry and biologics, as well as cutting-edge segments like gene therapy and cell therapy, among others.
read the preview
 
Share: Email LinkedIn Twitter Facebook
 
Ads
 
 
Ads
 
Ads
 
About PitchBook | Terms of use | Advertise with us | Contact
Follow us: in twtr fb

This email was sent to you via the PitchBook Platform.

Do you want to change your email address, get a different edition or unsubscribe? Manage your subscription here.

© 2023 PitchBook. Win what's next. All rights reserved.

Older messages

Will an AI be your next VC?

Sunday, December 24, 2023

Plus: One industry that will outperform in '24, unicorns approach their peak, European private market predictions & more Read online | Don't want to receive these emails? Manage your

What we expect in 2024

Saturday, December 23, 2023

Our 8 analyst outlooks across US venture capital, private equity, healthcare, emerging technologies, European private capital, and the LP perspective. Read online | Don't want to receive these

Visions for enterprise, consumer tech in 2024

Friday, December 22, 2023

Biopharma VCs zero in on gene therapy; PE exit troubles hit the mid-market; Vestwell inks $125M Series D Read online | Don't want to receive these emails? Manage your subscription. Log in The Daily

Many VCs have stopped writing checks

Thursday, December 21, 2023

Trends to watch in Europe for 2024; sustainable investing opportunites in indoor farming; Sudo Biosciences takes home $116M Series B Read online | Don't want to receive these emails? Manage your

Emerging industrial tech's outlook for 2024

Wednesday, December 20, 2023

How startup verticals fared in 2023; the surge for software is just beginning; PE predictions focus on funds for 2024 Read online | Don't want to receive these emails? Manage your subscription. Log

You Might Also Like

GPT o1 vs. 4o 🥊, Accelerator List 🚀, AI Coming To Your Ads 🤖, and Game-Changing AI Guides 🧭

Thursday, September 19, 2024

Plus: CRO Hacks 📋, B2B Gems 💎, UX Mockup Tutorial Using AI 🎨, Elevator Pitch Tips 🎤, and more! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

FREE AI training for marketers…

Thursday, September 19, 2024

Hi Reader, Do you know you need to do more with AI? If so, I've got some high-quality video training for you. It's designed by me. And for a limited time, it's free. GET ACCESS TODAY I can

Exciting announcement

Thursday, September 19, 2024

I've got an announcement just for you: Our master class series last year had a 99% satisfaction rate. Several people have emailed me asking for a repeat of the experience this year... So, we're

📣 Now open: free registration for Litmus Live, SEO for email, and more

Thursday, September 19, 2024

The latest email resources from the Litmus blog and a few of our favorite things from around the web last week. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Discover the new Digiday Streaming and Video Awards categories

Thursday, September 19, 2024

Showcase how your company is modernizing streaming and video ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Fed Begins Easing Cycle with Jumbo 50bps Rate Cut

Thursday, September 19, 2024

Plus House Committee Questions SEC's Crypto Strategy in Divisive Hearing ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

[Webinar] 👀 Unlock lululemon’s winning social media formula

Thursday, September 19, 2024

Join us for an exclusive peek on October 1! ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

🦄 The GTM coach for 12 unicorns

Thursday, September 19, 2024

An interview with Scott Leese, Founder and CEO of Scott Leese Consulting. 🤝 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

✅ The Forbes Parasite SEO Playbook

Thursday, September 19, 2024

GM nerds, Welcome back to the newsletter that makes it make sense: ​ TLDR; favoritism, corruption, incompetence, etc. More on this later, but here's what's good this week: → Meta's New AI-

HubSpot and Shopify Are Both Going More Enterprise

Thursday, September 19, 2024

But Also — More SMB. To view this email as a web page, click here saastr daily newsletter HubSpot and Shopify Are Both Going More Enterprise. But Also — More SMB. By Jason Lemkin Tuesday, September 17,