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VC Funding dried up in the Life Sciences space by late 2021/early 2022 because there was too much investment during 2018-20 due to the "precision medicine" hype
by alephnerd 2y ago
VC Funding dried up in the Life Sciences space by late 2021/early 2022 because there was too much investment during 2018-20 due to the "precision medicine" hype cycle.
Same thing happened to cybersecurity in 2022-23 and will happen in the Generative AI space in a couple years.
There are always expansions and contractions in each sector.
- rvba 2y agoDidnt it dry up due to the interest rates hike? No more cheap money.
- potato3732842 2y agoThe interest rate hikes are just the cherry on top in this particular space.
- alephnerd 2y agoInterest rates played a role but not significantly. Renewables (IRA), Battery Tech (IRA), Hardware (CHIPS), Defense (CHIPS), and AI/ML became better investments in the 20-21 period.