A deep dive into the data on how startup round sizes have evolved at the median, the 75th percentile, and more.

Just like in VC, the market for M&A slowed significantly in 2023. Will that change in 2024?

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.