Qubit: JP Morgan Market Guide Q2 2022
Knowing that we had it worse in the past doesn't help much with the current market downturn.
But this chart does put things into perspective.
Source:
Tweets and Posts:
"Couldn't make it in Web 2"
Most people in Web 3 are either young kids for whom much of Web 2 is totally irrelevant, or Web 2 veterans tired of talking about (and building within the constraints of) the same FAANG-ish companies currently going senile internally.
Venture capital investment helps increase the chance of startup exit between 2.7x & 6x compared to similar companies without VC.
1 out of 22 VC-funded companies IPOs, compared to 1 out of 10,000 non-VC ones. 1 out of 3 VC-backed companies is acquired, compared to 1 out of 700.
Qubits are insights that we find and share with you.