TriplePoint Venture Growth BDC Corp. (TPVG): A Bear Case Theory

We came across a bearish thesis on TriplePoint Venture Growth BDC Corp. (TPVG) on Substack by Edwin Dorsey. In this article, we will summarize the bears’ thesis on TPVG. TriplePoint Venture Growth BDC Corp. (TPVG)'s share was trading at $6.71 as of 23^rd May 2025. TPVG’s trailing and forward P/E were 7.22 and 5.61 respectively according to Yahoo Finance.

[caption id="attachment_1236654" align="aligncenter" width="768"] A financial portfolio manager looking at data on a monitor while managing assets.[/caption]

TriplePoint Venture Growth BDC (NYSE: TPVG) has shown a consistent...