Ben Bergman/BI
- Jefferies hosted a conference to bring together late-stage tech founders, investors and bankers.
- At the conference, there was talk of IPOs and M&A being back.
- Jefferies has significantly bulked up its tech investing division in recent years.
As bankers and venture capitalists nibbled on caviar sushi and sipped champagne and sake this week at Nobu Malibu, there was a gleeful mood at the beachside closing dinner of the Jefferies Private Internet Conference.
IPOs and M&As are finally back, and on top of that, there is an exciting new catalyst for rising tech valuations — generative AI.