Tech floats and buyouts on the rise, but not all investors are happy

The country’s venture capital firms offloaded start-up stakes worth almost $3 billion in the last six months, almost as much as in all of the previous year, increasing hopes among technology investors that floats and other deal activity is finally beginning to grow.

For two years, a listing on the ASX has been an unattractive option for many of the funds backing early-stage businesses. Now, they are back on the table, according to AirTree Ventures, Square Peg Capital, Reinventure and Perennial Private Investments, some of the biggest venture capital firms.

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