Hey! Author of the article here. If you've seen good data on the funding per company shrinking, I'd love to see it. That wouldn't have been my intuition but I h

Hey! Author of the article here. If you've seen good data on the funding per company shrinking, I'd love to see it. That wouldn't have been my intuition but I haven't studied it. In terms of cost of starting a business, I think things like AWS, Stripe, Vercel, etc. have made the cost of starting a business much cheaper vs. when you were racking your own servers. I've seen lots of data indicating that the cost to START a business has gone down dramatically. But maybe you're right that the overall cost to build a business has gone up (salaries, etc.) But my guess would be, adjusted for inflation, companies are raising more money because marketing is more expensive (your point on CPM) and the overall landscape is noisier, more competitive. But that would lead me to believe that has driven companies to raise MORE capital rather than less.