Re:The VC Downturn in 6 Charts
by JumpCrisscross on Tuesday April 18, 2023 @03:18PM
(#35618696)
> first VCs to go are the small third tier or solo VCs
Third tier, yes. Solo, not usually. They can go solo because they’re efficient at both fundraising and deploying.
And the ones caught up in the SPAC or crypto adjacent hype and used up their fund to buy the top of the 2020-2021 bubble in speculative nonsense.