Qubit: CB Insights VC Report Q3 2022
2021 was an outlier year.
Mostly because of the amount of capital that was deployed into $100m+ mega-rounds creating new unicorns.
Dollars deployed into $100m+ rounds down 69% YoY
Number of deals into $100m+ rounds down 66% YoY
Number of Unicorn births are down 82% YoY
Source:
Research Report - State of Venture Q3’22 Report
VC deals and funding were slow in July and August
But there was hope September would save the quarter
It didn't
But is it really that bad?
I don't think so
Let me explain
Tweets and Posts:
Today in founder news
Large well known crossover fund PM calls one of our founders. Explains to them that they should have "sympathy" that the hedge fund performance is poor and therefore term sheets and hand shakes have no value.
Unicorn-wise, states are not created equal. The US national average: 1 out of 101 VC-backed startups are unicorns. It is much higher in UT (1/61, ~70% above average), CA (1/72, ~40% above). And much lower in PA (1/270), MI (1/476), OH (1/500), IN (1/1667).
#VC #Stanford
The Customer Success Operating Model is an approach that aligns all customer success functions such as onboarding, renewal and expansion with the acquisition efforts. A thread 1/
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