- Item type
- Periodical
- Language
- English
- Source
- Fortune.com. 8/12/2022, pN.PAG-N.PAG. 1p.
- Publication date
- 12/08/2022
The article focuses on the significant changes in venture capital (VC) valuations and funding dynamics in the second quarter of 2022, highlighting a sharp decline in early-stage VC valuations and a drastic reduction in unicorn public exits. According to PitchBook's report, early-stage median valuations fell for the first time in ten quarters, while deal sizes increased, indicating a shift towards capital efficiency among investors. Notably, the biotech and fintech sectors experienced growth in early-stage deal values, contrasting with the struggles faced by companies like Haus, which lost its Series A funding. The report anticipates more down rounds and increased protective terms in the VC landscape if current economic conditions persist. [Extracted from the article]
