Depends a lot on which sector a startup is in, but overall this feels about right at the moment. A lot of people are sitting on the sidelines waiting to see how things shake out. Next few months will probably be a bit of a return to the old days of VC where summer was pretty slow in terms of deals getting done. Things should pick up in the fall when valuations settle. From Jason M. Lemkin. https://lnkd.in/gtVsTTH4 #venturecapital #vc #startups #entrepreneur #entrepreneurship
That seems about right, although I would say that Series C feels like it's higher, near the Growth level. Besides capacity, valuations seem to be the biggest driver. They're down, but everyone is wondering if they'll go even lower.
I heard a famous LP said, from experience in 2000 and 2008, the early stage will feel the impact one year later than the public market crash..
Yeah, I've had these discussions with a dozen other VCs over the last few weeks. There's no need to rush any investment today except in companies you have insanely high conviction on. This can be a bit unfair to good teams that are feeling this macro impact unnecessarily, but we should probably feel the most for the great employees at high-flying startups which raised over the last couple years at double or triple real value - those folks are sadly screwed in the near term and the layoffs, I hate to say it, are just starting. 😓
Jason M. Lemkin , how do you measure the percentage? Current volume of completed transactions / Last year’s volume of completed transactions (or avarage? over what period)
Scared Money Doesn't Make Money!
Would be interested in knowing the 5% cross over that stood the test of cyclicality
Matthieu Nasri on en parlait ce midi !
Tx for the summary at least we know where we stand
Supply Chain Director at NeuraSignal | I help teams focus on key objectives and ship product faster
2yPeter Karuso