After last year set a colossal record of $132.1 billion of venture capital invested in the US, VC activity in 2019 was expected to start slow. But that's not what happened. Instead, valuations climbed to unprecedented levels, $100 million rounds became the new normal, and the beginning of what's expected to be a deluge of VC-backed IPOs kicked off in the first quarter, setting the pace toward a record exit value.
