The only thing certain about the global economy is uncertainty. Thanks to political unrest, terrorist attacks, and the repercussions of Brexit, caution is the dominant mindset of investors in every market, according to the latest quarterly global report on venture capital trends published jointly by KPMG International and CB Insights.
This is the fourth consecutive quarter where investors pulled back despite a total $27.4 billion invested across 1,886 deals—seven of which were in the $1 billion unicorn range. After a high at this time last year, the total number of deals declined an additional 6% from the first quarter of 2016.
Image: Flickr user Mark Kelly
