Yes, generally.
But don’t worry about it.
Venture funds have 10 year lifetimes, and generally get up to 3 year extensions, sometimes even longer.
That means usually, the “pressure” to exit isn’t really all that much pressure at all.
Plenty of “Vintage 2000” funds have companies that are finally getting big — in 2016.
There are some issues here in Old School funds, and some funds that are desperate to show liquidity to raise another fund.
But for the most part, this isn’t really an issue that much today anymore.
