“Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation”
Posted in technology as most of the funded companies are into technology. The most shocking piece is arguably the number of funded company pear year with a clear peak in 2018 which is 50x (!) more than last year, 2023.
The source of their data says they were using it incorrectly, that it simply does not mean what they reported. I have not gone into exactly what their data is, just that it was reported as total new funded startups and the data provider says, “that’s not what this is”.