Amid record dry dust, VCs are determined to fund anything but you

Seriously, everything

If there was to sum up the venture capital market in 2022 in one word, that word could be contradictions.

Venture capital funds have record amounts of dry powder — seed capital — and yet funding continues are constantly decreasing. There seems to be more talk about support Women and people of color in the industry than ever before, and yet the numbers are trending toward opposite direction. VCs have said publicly that they focus on companies on the path to profit, but this it wasn’t true even for a minute.

So while many venture firms have said they’re largely not investing this year while they wait for valuations to fall, that’s again largely untrue.

What does however, it seems true that some VCs are using this year’s uncertainty as an excuse to avoid the work required to discuss valuations and evaluate TAMs for potential investments in companies with real customer bases. Because they don’t support anyone – they just support everyone but you.

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