Five years after the global financial crisis, the world economy is showing signs of bouncing back this year, pulled along by a recovery in high-income economies, according to the World Bank’s Global Economic Prospects report published two weeks ago.

The outlook is equally benign as we hit the mid-point of the current cycle. The World Bank added there were at least a couple more years of growth in almost all regions.

Given venture capital has been a pro-cyclical industry subject to…