CoreWeave's recent initial public offering (IPO) has proven lucrative for retail magnate Leslie Wexner, who reportedly made a profit of $700 million from an initial investment of around $1 million. This IPO, valued at approximately $1.5 billion, highlights the ongoing skepticism in the market, particularly among venture capitalists, despite expectations that former President Donald Trump's influence would revitalize the IPO landscape. CoreWeave's debut reflects a broader trend in which the anticipated boom in mergers and acquisitions (M&A) has not materialized, as economic uncertainty continues to dampen post-election optimism among dealmakers. While firms like Bessemer Venture Partners and WestCap may still benefit financially, the overall outlook for major VC winners in upcoming IPOs appears bleak.