3min chapter

Behind the Money cover image

Best Of: Why VC funding is drying up

Behind the Money

CHAPTER

Introduction

In 2021, $330 billion poured into US venture capital. The FT's West Coast editor Richard Waters says that pretty much everyone wanted a piece of the action. There aren't as many indicators as you'd find in the public markets, but he says a downturn is definitely underway and money is drying up.

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