Weekly Fundraising Overview
< Sector specific weekly fundraising overview // 4.07 - 4.13 >
The Mad Dash
< Curated charts that filter the noise to tell the real story / >
The vast majority of YC companies are based in the Bay Area, with this trend beginning to change since COVID allowed for remote participation in the incubator. Surprisingly, Bengaluru, India sits in the Top 3 — above traditional key markets like London and Los Angeles in YC funding.
LatAm venture funding in both dollar and deal volume has not been spared by the broader market cooldown, according to data from Crunchbase.
Generative AI companies have hit peak froth with medium VC pre-money valuations approaching $100M. Many expect this to go through a correction as investors begin to question enduring moats in a hyper competitive arena.
Source: Financial Times
Analysis from the Financial Times indicates higher paying jobs appear to be most vulnerable to replacement with language-based AI.
Must Reads of the Week
< Top reads from the week in fundraising, startups and venture capital / >
[TechCrunch] Hey look, unicorns are rare again!
[Bloomberg] The Pandemic Didn’t Upend US Geography
[Jason Lemkin Blog] The Average SaaS Leader Grows 53% … At $1 Billion in ARR
[Watcher Guru] US Dollar has Lost 98% of its Purchasing Power Since 1971
Cant Miss Tweets
< Must See tweets from VCs, Angels and Builders / >
Fundraising Journey Q&A
< Sharing insights & takeaways from the fundraising process / >
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