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

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.
