The rout in the stock market has cast a shadow over the private-equity market, with valuations tumbling for many companies and some delaying plans to go public.
“Fears over the falling stock market, inflation and a potential U.S. recession have spilled over to the venture-capital industry, and multiples on mid- and late-stage valuations are rapidly compressing,” says Asheem Chandna, a partner at Greylock Partners.
