Slowdown hits Chicago venture funding – Crain’s*

Venture-capital funding in the first quarter fell to its lowest level in 2 1/2 years as a wobbly economy and sagging valuations in tech took hold. Funding for Chicago startups dropped 59% from fourth-quarter 2022 to $590 million, the lowest total since fall 2020, according to data from the Venture Monitor produced by PitchBook and the National Venture Capital Association.
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Giddyap
3 years ago

Capital runs from the stink of rot and failure

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