Down rounds have grown more common in 2023. But VCs say there’s important context behind the climb.

California, Washington, and Texas took a larger share of VC dollars in Q3, while Ohio, Florida, and New Jersey fell off.

Investor-friendly terms like participating preferred stock and cumulative dividends grew much less common in VC deals in Q3.

The downturn that has defined the venture capital industry for much of the past two years continued in the third quarter of 2023.

With Carta's latest feature, life sciences founders and HR leaders can make better compensation decisions using the most relevant salary and equity benchmarks available in the industry.

As compared to San Francisco, startup salaries in the South are on the rise, while major metros like Seattle and Boston are losing ground.