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This Week in Startups
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Navigating Venture Capital's Downturn
This chapter examines the significant decline in venture capital investment, noting a 23% drop in global deals and substantial impacts on late-stage funding, particularly for Black founders. It highlights the challenges faced by underrepresented startup founders due to restrictive funding metrics and explores the evolving landscape of venture capital with new mechanisms emerging. The discussion emphasizes the need for better definitions of diversity in funding and the complexities surrounding the dynamics of investment strategies during economic downturns.
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