Last Updated: January 11, 2024 Summary While H1 2022 leadership hiring kept pace with a historic 2021, last quarter (Q2) saw a significant dip (-23% QoQ)Late-stage VC-backed companies are taking the brunt of the impact from recent market turmoil compared to early-stage VC. Leadership hiring was down 53% QoQ for late-stage VC and up 10% QoQ for early-stage VC in Q2 2022PE leadership hiring in Q2 was down by 37% QoQ, and still up 2% YoY. In fact, the PE searches for the first half of 2022 are up 29% compared to the first half of 2021 — mainly due to Q1 2021 performance Key Finding #1 Private Market Deal Flow Impacts Leadership Hiring Key Finding #2 Late-Stage VC has been impacted more than others IPO activity has been in a slump so far this year. Pitchbook reported that during the first half of 2022 only 22 VC-backed businesses exited relative to 183 in 2021. Key Finding #3 The Impact on PE is Somewhere Between Early and Late-Stage VC Search volume by asset class, in addition to search velocity metricsUp-to-date executive compensation benchmarks by role, asset class, and company sizePredictions on industry trends, top obstacles, and shifting priorities from the talent leadership community