Between Q1 2021 and Q1 2022, the number of M&A deals targeting startups on Carta increased by 79%.
As the count of new seed deals steadily shrinks, some founders are finding new funding paths.
Valuation step-up multiples trended up last year at Series A and Series B. Series C was a different story.
Last year’s figures in late-stage dealmaking were far off the late-stage market’s peak in 2021. They’re also still lagging behind the pre-pandemic funding market of 2019.
A look at why the data on equity compensation isn’t so equitable—and how equity could help bridge the wealth gap.