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Digital health valuations will recover from their recent dip, CRV general partner Kristin Baker Spohn on Friday said at an Axios Pro Insights event.

"The pendulum swung a bit too far one way and has swung a bit too far back the other way ... I think we'll see an evening out over the next few quarters. In advance of that, I think we'll see increased consolidation."

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Health tech VC says valuation "pendulum" will swing back

Kristin Baker Spohn believes consolidation is ahead.

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Venture capital

Digital health valuations will recover from their recent dip, CRV general partner Kristin Baker Spohn on Friday said at an Axios Pro Insights event.<blockquote>&quot;The pendulum swung a bit too far one way and has swung a bit too far back the other way ... I think we&#x27;ll see an evening out over the next few quarters. In advance of that, I think we&#x27;ll see increased consolidation.&quot;</blockquote>Go deeper: <a class="gtmContentClick" data-vars-link-text="Start your Axios Pro free trial" data-vars-click-url="http://AxiosPro.com" data-vars-content-id="e2d03cc7-0934-4d75-a84b-4043d5bfefc9" data-vars-headline="Health tech VC says valuation &quot;pendulum&quot; will swing back" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="http://AxiosPro.com" target="_blank">Start your Axios Pro free trial</a>

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