Key Takeaways
- • Rohan Oza, co-founder of venture firm CAVU Consumer Partners, says public markets will act as "the great corrector" for private companies with lofty valuations, according to Bloomberg.
- • Oza said private equity valuations have "become unhinged because people have to deploy capital."
- • Oza made the comments on Saturday during an interview at a New York Diwali party, per Bloomberg.
Summary
Rohan Oza, co-founder of CAVU Consumer Partners, believes public markets will ultimately correct inflated valuations among private companies, according to Bloomberg. He described public markets as "the great corrector" for privately held firms that carry lofty valuations.
Oza attributed the overvaluation to capital deployment pressure, saying private equity valuations have "become unhinged because people have to deploy capital." He made the remarks on Saturday during an interview at a New York Diwali party, Bloomberg reported.
The original report does not include specific portfolio companies, valuation figures, or market data.
Oza attributed the overvaluation to capital deployment pressure, saying private equity valuations have "become unhinged because people have to deploy capital." He made the remarks on Saturday during an interview at a New York Diwali party, Bloomberg reported.
The original report does not include specific portfolio companies, valuation figures, or market data.
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