Carta’s data shows a stark reversal in workforce movement across the Asia-Pacific and Middle East regions in recent years. Hiring has slowed, while departures have become more common.

Smaller funds offer the chance for greater upside and easier capital growth, though larger funds still offer scalability better suited for institutional investors.

Companies are prioritizing efficiency, lean hiring, and AI adoption to cut costs and extend runway in a post-bull market venture climate. The trend crosses most sectors and industries.

Data from more than 1,500 corporations and 500 LLCs that are backed by private equity firms sheds new light on how equity compensation works within the multitrillion-dollar industry.

We examined the states that have consistently been the largest for seed investment—California, Colorado, Florida, Massachusetts, New York, Texas, and Washington—and found that the typical round size and valuation can vary widely.