3 ms·
> Participation has dropped from more than 550 deals and a quarterly peak of nearly $50 billion in 2021 to fewer than 200 deals and a quarterly peak of around $
by LapsangGuzzler 3y ago
> Participation has dropped from more than 550 deals and a quarterly peak of nearly $50 billion in 2021 to fewer than 200 deals and a quarterly peak of around $15 billion in 2023, Stanford wrote.
> As IVP's Tom Loverro so presciently pointed out back in January: Late 2023 and 2024 for startups will make the 2008 financial crisis "look quaint for startups."
I really hope that’s an exaggeration, but the funding trends do not look good.
- retrocryptid 3y agoWill no one think of the poor VCs!
- HPMOR 3y agoThe funding environment is fantastic still if you’re building a product and company that provides real people, real value. Creating a poor knockoff of pre-existing financial assets and marketing it as “revolutionary” is not creating real value for real people.
- bradhe 3y ago> if you’re building a product and company that provides real people, real value Ah shoot…this old thing again.
- mvkel 3y agoAnd the IPOs in 2023/2024 will make up for it