Venture capital firms are raising so much money that it is fueling an overfunding of companies.
Some 259 U.S. venture capital funds amassed $46.3 billion in 2019, the second highest by amount of capital raised and the number of funds since 2006, according to the PitchBook-NVCA Venture Monitor. The biggest fundraising year since 2006 was 2018, when 299 venture capital funds raised $58 billion.
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