How Trinity Capital (TRIN) Operates In The Venture Capital Space

Trinity Capital (TRIN) is a closed-end, non-diversified management investment company that targets investments in growth stage companies, typically private companies. President and CIO, Kyle Brown, discusses how TRIN picks companies to invest in. He talks about what the Silicon Valley Bank failure means for venture capital. He notes that TRIN's 1Q total investment income rose 30.5% year-over-year. He goes over TRIN's earnings which were released May 4th. Its adjusted EPS came in at $0.52 versus an estimated $0.56 and its revenue came in at $41.54M versus an estimated $41.17M. TRIN's shares are up 7% in 2023. Tune in to find out more about the stock market today.