In a recent article published by Crunchbase News, Louis Lehot, a partner at Foley & Lardner LLP, discussed the significant challenges currently facing the venture investment community.

Lehot emphasized that the issue of distributed to paid-in capital (DPI) is critical for investors, especially in light of a recent decline in startup exits.

He noted that the current environment has made it increasingly difficult for private equity and venture capital firms to achieve satisfactory DPI levels, leading to a cautious outlook as they approach 2025.