VCs are moving upwards in the good times, and downwards in the bad ones

Now we’re at peak recession. What is the fundraising climate now?

What does this mean for you?

<aside> 🐰 Other “rabbit hole” materials to dive into:

• A bunch of charts on the state of the market: https://newsletter.pragmaticengineer.com/p/the-state-of-startup-funding-in-2023
• Recent talk about the state of the pre-seed markets: https://sifted.eu/articles/pre-seed-funding-2023 </aside>