News for hackers. Stuff that matters.
Re:The VC Downturn in 6 Charts by tempsy on Tuesday April 18, 2023 @12:59PM (#35616655)
The first VCs to go are the small third tier or solo VCs.

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.

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.