The effective equality between public and private capital markets is almost complete.

In filing his GCV data analytics report, Kaloyan Andonov described it as showing “a lot of positive momentum.

“It even feels a bit frothy.”

That is some understatement. The first half of the year had a total of 2,288 deals with an estimated total capital of $131.78bn, according to GCV Analytics.

That value, involving at least one corporate venturer, is more than the whole of last year and almost at the all-time record of $134bn in 3,232 deals posted…