U.S. private equity deal value was down 14.1% in Q3, PitchBook says
U.S. private equity—with more than $3 trillion in assets under management—has been locked in a cycle of geopolitical uncertainty and possible rate hikes.
Fortune AI4 min read
Term Sheet
3 stories
When pre-IPO shares are too good to be true
With AI companies moving towards record-setting IPOs, with trillion-dollar valuations, the demand for pre-IPO shares is greater than ever—as is the opportunity for deceit.
Fortune AI4 min read
There’s a pipeline of deals—for pipelines—that will help power the AI boom
Potential sellers ask for more money on inflated valuations, while the buyers think longer term and conservatively. It’s hard to meet in the middle on a price tag.
Fortune AI6 min read
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