Venture capital funding is at a two-year low. That might be a good thing.
After the heady days of 2015, when a whopping 25 companies were valued at a billion dollars or more between July and September alone, VC financing is resetting the pace, according to Venture Pulse, a report released Thursday. The report was compiled by CB Insights, which watches the VC market, and KPMG International, a consultancy.
Earlier funding levels were "irrationally high," CB Insights CEO Anand Sanwal said in a statement. "That was not sustainable or healthy."
