Qubit: CB Insights VC Report Q2 2022
Seems like everyone in venture is afflicted with recency bias.
Yes, global funding is down 23% QoQ and new unicorns are down 43% YoY.
BUT:
· Median post-money valuation is up 4x from 4 years ago
· Median change in valuation between financing rounds is nearly 3x
Source:
Research Report - State of Venture Q2’22 Report
Q3 VC activity is looking soft
If we project out, looks like this:
* Q3 ~$84B, ~6.3K deals
For context
* Q1 $142B, 9K deals
* Q2 $109B, 7.7K deals
Of course, 2 mos left in the qtr so could change bigly.
But right now, pretty dramatic decline for Q3
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