Capturing Liquidity Opportunities: Vencap on Why VC Secondaries Are Poised for Growth

With organic exits slowing and trillions in unrealized venture value, secondaries are emerging as a vital liquidity tool. In this conversation, Matt Russell, Investment Director at Vencap and head of the firm’s secondary strategy, explains why the market is still nascent compared to private equity, how pricing and quality drive returns, and why 2025 could mark a breakout year for venture secondaries.

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