Why the IPO pipeline is 'totally clogged'

Why the IPO pipeline is ‘totally clogged’

Artificial intelligence (AI) and software dominated venture capital deals in the first quarter of 2025, according to data from KPMG Private Enterprise. Kapital Ventures managing partner Kamran Ansari joins Catalysts with Madison Mills and Threadneedle Ventures founder Ann Berry to discuss what it signals about the dealmaking environment.

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