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Fenwick & West LLP

Convertible Notes & SAFEs: Still Popular, But Terms Are Tightening

Fenwick & West LLP on

Convertible instruments held steady in Q1 2025, but the terms are shifting in favor of investors. Interest rates on convertible notes rose by 200 to 300 basis points, and discount rates climbed as high as 10.5 percentage...more

Offit Kurman

Grow or Go: Handling Uncertain Times with Purpose

Offit Kurman on

If there is one thing that is certain in today’s business landscape, it is that we are in a time of extreme volatility. Markets are fluctuating daily, tariffs are on and off, interest rates remain high, and there is global...more

Foley & Lardner LLP

A Delay in Exit Plans

Foley & Lardner LLP on

There was much hope going into 2025 that we would see a rebound in the IPO market after a bit of a drought over the past few years. We left the uncertainty of the election behind us, and good news on the inflation and...more

WilmerHale

2024 Venture Capital Report

WilmerHale on

Venture capital financing activity in 2023 contracted for the second consecutive year in the face of rising interest rates, concerns regarding the trajectory of the economy and continued geopolitical tension. VC-backed...more

Goodwin

Approaches Funds Take to Catch-Up Payments Vary by Asset Class

Goodwin on

For a majority of PE, VC, and debt funds, catch-ups are 100%, but they are likely to be less than 100% for real estate and infrastructure funds. In a previous article, we showed that hurdle rates set by private...more

Foley & Lardner LLP

A Look at Q2 M&A and Beyond: Are Conditions Ripe for a Strong 2024 M&A Rebound?

Foley & Lardner LLP on

Much has been said about the return of M&A in 2023, and while there are deals happening, it is not the boom that many expected. But could all that change in 2024? Is this year setting the stage for a return to more deals...more

Allen Matkins

PropTech Update 2.22.23

Allen Matkins on

Despite the current macroeconomic instability caused by high inflation and interest rates combined with a confusing employment market, PropTech-focused venture capitalists are not shying away from placing their bets on seed...more

Foley & Lardner LLP

Will We See the Predicted M&A Spike in 2023?

Foley & Lardner LLP on

In 2022, many predicted we would see a spike in M&A due to the economic downturn and the steep drop in startup valuations. However, last year was not the M&A blockbuster that was predicted, and we even saw a drop-off in...more

Skadden, Arps, Slate, Meagher & Flom LLP

"First-Half Activity Energizes US Capital Markets in 2014"

The U.S. equity and debt markets experienced a strong first half of the year. In the first quarter, the U.S. IPO market was the busiest since 2000, more than doubling the number of IPOs from the same period last year. ...more

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