Summary
Startups raised 91.5 billion in venture capital funding in q1, but the strong dealmaking totals don't paint a complete picture of investor excitement for startups. Expectations for significant exits were dashed due to market volatility and fears of recession, with several companies already postponing or considering delaying their IPOs.
Key Points
Startups raised 91.5 billion in venture capital funding in q1, with OpenAI's 40 billion round accounting for a staggering 44% of the total deal value.
The strong dealmaking totals don't paint a complete picture of investor excitement for startups, with many founders struggling to secure funding amid market volatility and fears of recession.
Several companies have already postponed or are considering delaying their IPOs due to market turbulence.
Why It Matters
The article highlights the challenges faced by startups in securing funding amidst market volatility and fears of recession, which could lead to widespread startup collapse if not addressed.
Author
Marina Temkin