Despite startup funding boom, first cracks of slowdown appear - News Summed Up

Despite startup funding boom, first cracks of slowdown appear


For the few deals that are being closed, venture investors are now taking longer to scrutinize investments, a partner at a venture capital fund said, requesting anonymity. WeWork’s IPO misadventures and the backlash it faced from investors, too, have dented optimism among startup investors. Deal volume too, fell 16% to 1,304 transactions, according to data from CBinsights. Global funding fell 7% in Q3 of 2019, from $52 billion to $50 billion as slower venture capital investments in the US dragged the global funding number down. Deal volume too, fell 16% to 1,304 transactions, according to a recent report from market intelligence platform CB Insights, along with consultancy firm PwC.


Source: Mint October 20, 2019 17:59 UTC



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