Suddenly, venture capital firms that handed out more than 1 trillion dollars in investor capital in two years, investing in 30,000 deals, are signaling a two year drought.
Crunchbase recently reported that North American Startup Funding fell 63% in the fourth quarter compared to a year ago. And a CNBC story “Startup funding has tanked over the past year – and recession fears are to blame” also pointed out “if you’re among the large number of Americans hoping to quit your job and pursue a side hustle full-time, you may want to wait a while.”
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