2min chapter

Equity cover image

Don’t ever leak data, but especially if you’re building this type of startup

Equity

CHAPTER

The Slowdown in Venture Capital Fundraising

According to PitchBook, some $11.7 billion was raised by 99 funds in the first quarter compared to $170.8 billion across 892 funds last year. If you take out those deals, which don't really feel like venture deals, pretty much numbers are done across the board. And what's worse, and Mary Ann, I want to get your vibe on this total exit volume Q1 per PitchBook in the US, 5.8 billion, which is less than 1% of what we saw in 2021.

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