Venture capital's wild ride - my article for this month's Business Brief magazine.

- 2021's soaring public market valuations sparked a major VC boom, significantly boosting fund services in the Channel Islands.

- VCs rushed to invest in high-growth startups, amidst a surge in IPOs, and driving record levels of capital into the venture space.

-The post-pandemic reversal, with rising inflation and interest rates, abruptly ended the boom, slashing valuations and stalling the IPO market.

- Venture funds found themselves holding devalued portfolios, leading to poor returns and making fundraising difficult for many.

- The Channel Islands' fund services sector has slowed, and weaker funds are likely to merge or wind down.

- However, the rise of AI presents new investment opportunities, and the Channel Islands are well positioned to support the next phase of VC growth.

I used AI to help me write this. Is anyone interested in seeing how?

Thank you again Amanda (Mandy) Eulenkamp and I know I owe you some copy 🙇‍♂️ .