In mid-February this year, I issued a bearish piece on TriplePoint Venture Growth (NYSE:TPVG) stating that given the financial characteristics of this BDC it is just not worth chasing extra basis points in yield here. The logic behind staying away from TPVG was simple and could be captured by the following three aspects: Plus, what made things worse is the fact that TPVG traded (and still trades) at a premium over its NAV base, which does not seem logical for me given the aforementioned dynamics.