Today’s venture capital market feels strange because it isn’t uniform. While some companies are still able to raise mega-rounds, reach unicorn status, and even attract lots of new capital in sectors that have seen their exits struggle on the public markets, other startups are not having similar luck.
After several years in which capital flowed freely and the entire venture capital ecosystem and startup market marched in lockstep toward bigger, faster rounds at new, higher prices, we’re in a more mixed environment today. This has made reporting on Q2 venture capital totals a bit tricky; Yes, for example, fintech venture totals are falling, but they remain above 2020 levels. Is that bad or good?