GROW seems to continue to shrink. Was thinking it was the continual demise of graphcore although that's old news IMO. Could be GROWs debt or maybe that interest rates will remain high for longer preventing exits.....tricky times for the VC market. Rich pickings for the vultures?
My latest CHRY-pes article is worth a read - they’ve uplifted the graphcore valuation over 100%. My sense is it is sentiment driven and driven by ongoing outflows rather than something more sinister. GROW take a very conservative view of valuations and there are protections built in to many of their investments. In a deep dive their holdings appear to be progressing far better than GROW’s share price would suggest
GROW seems to continue to shrink. Was thinking it was the continual demise of graphcore although that's old news IMO. Could be GROWs debt or maybe that interest rates will remain high for longer preventing exits.....tricky times for the VC market. Rich pickings for the vultures?
My latest CHRY-pes article is worth a read - they’ve uplifted the graphcore valuation over 100%. My sense is it is sentiment driven and driven by ongoing outflows rather than something more sinister. GROW take a very conservative view of valuations and there are protections built in to many of their investments. In a deep dive their holdings appear to be progressing far better than GROW’s share price would suggest