
Foodtech VC funding in 2023 plummeted to $9.2B from $22.5B in 2022, with 1,393 deals compared to 2,052. Deal count normalized to 3,000/year. Deal values dropped to $40B/quarter from ~$100B at peak. Pre-seed/seed values hit a 13-quarter low.
Down round IPOs “are not only going to become common, they will become the standard for the class of 2021” Reddit IPO reveals the reality check for Silicon Valley $RDDT https://t.co/aFWdZhhzWw
Reddit's down round IPO is a signal that rationality is slowly returning to VC and could encourage other tech companies looking to go public do the same (@tabby_kinder / Financial Times) https://t.co/Qff0pthGnQ 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/vUJQvJxTM4
Reddit IPO reveals the reality check for Silicon Valley https://t.co/YWCaOGWfI9 | opinion
