VC Landscape Shifts as Active Investors Drop Over 50% Since 2021; Retail Gains Noted

The venture capital (VC) landscape is experiencing significant changes as the number of active VC investors has dropped by more than 50% from the 2021 peak. Over 1,200 US VCs have not raised a new fund since 2021, according to PitchBook. Despite this, there is growing optimism in the retail sector, granting retail gains, and large endowments and institutions are funding massive multi-stage billion-dollar VCs. However, high-net-worth individuals and family offices remain hesitant to fund emerging managers.