Investors poured an unprecedented amount of money into venture-capital funds about three years ago at the peak of the venture market’s recent boom. Those funds haven’t aged well so far. Funds that ...
Just 9% of U.S. venture funds raised in 2021 had distributed any capital to limited partners three years after launching, according to a new report from financial-software provider Carta. That ...
If cruel irony could take the form of a cloud, it’s looming ominously over Austin, Texas, this week at the annual SXSW festival, where entrepreneurs in creative businesses of all sorts convened in ...