Startups in 2023 are facing compensation markets unlike any in recent memory.

The global economy took a downward turn in 2022, leaving behind 2021’s environment of easy money and soaring valuations. The U.S. venture capital market followed suit.

Financial services will drive much of the policy debate in Congress, and capital formation will be a key focus.

The private secondary market has evolved amid widespread economic uncertainty.

Private markets in Q4 2022 continued to see pre-money valuations drop and raising cash became even more difficult. Learn more in our preview report.

With secondary transactions on the rise, using the same valuation for 409A and ASC 718 purposes no longer makes sense. Learn why separating your company’s valuations matters.