Workflow
Trinity Capital: 14% Yield, Record Earnings, 13 Straight Hikes
TRINTrinity Capital (TRIN) Seeking Alpha·2024-07-19 13:15

US VC Fundraising Activity(1) 200200 180 160160 140 120120 100 500 500 41530sTRINsiteFIXEDVSFLOATINGDEBTINVESTMENTS(1)1Risingrateswallopedthetechsectorin2022,whichledtoventurecapitalinvestorsbecomingmuchmorecautiousin2023,asVCfundraisingdropped5641 530 s TRIN site FIXED VS FLOATING DEBT INVESTMENTS(1) 1 Rising rates walloped the tech sector in 2022, which led to venture capital investors becoming much more cautious in 2023, as VC fundraising dropped 56%: TRIN site ANNUALIZED INTEREST RATE SENSITIVITY ( in thousands, except per share data) 0.400.40 20,000 0.300.30 15,000 0.300.30 10,000 0.160.16 0.20 14,50714,507 0.10 5,0005,000 7,555 s- s- (5,492) (8,771)(8,771) (5,000) (0.10)(0.10) (0.11) (10,000)(10,000) ( ...