- Home
- Venture Capital
- Dog Shit Wrapped in Cat Shit: Continuation Vehicles and the Great Venture Capital Liquidity Illusion
Dog Shit Wrapped in Cat Shit: Continuation Vehicles and the Great Venture Capital Liquidity Illusion
Jun 10, 2025
—
11 min read
You might also like
Nineteen Cents on the Dollar: Breaking Down AngelList's Venture Fund Report
members
–
14 min read
AngelList just published the most comprehensive fund performance data available for emerging managers. The numbers confirm what many of us have been talking about for years, and they point toward something better.
2026 Venture Capital Industry Forecast
paid
–
41 min read
Everything you need to know about the VC industry for 2026
Exclusive Report: Family Office and Fund of Funds Market
paid
–
12 min read
The venture capital industry has built an extraordinarily sophisticated machine for deploying capital into private markets. It has built almost nothing to get that capital back out.