Fundraising by VCs hit a 9-year low in 2022, says Preqin, and cash VCs put into start-ups plunged more than 50% over the past 12 months, according to Crunchbase.
Superbly insightful FT article showing traditional North American and European backers contend with an economic downturn that has forced them to rein in private investments.
Full article below:
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