Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Can AI lift our spirits? | TechCrunch

Oct 28, 2023 - techcrunch.com
The article discusses the gloomy state of the venture capital market in the last quarter, with the author, Anna, noting that even the impact of AI has done little to change the overall picture. The Exchange has delved into Q3 2023 venture capital data, examining specific regions, countries, and sectors. The findings reveal that the global VC market continues to struggle, with the initial overview indicating a persistent stumble.

Despite some signs of optimism in Europe, where investment volume slightly grew compared to Q2 2023, the article suggests that the recovery of exits and late-stage investing in the short-term is uncertain. This is due to ongoing macroeconomic and geopolitical concerns that show no signs of receding.

Key takeaways:

  • The last quarter in venture capital was quite gloomy, with AI not significantly changing the picture.
  • The Exchange conducted a detailed analysis of Q3 2023 venture capital data, looking at specific regions, countries and sectors.
  • The global VC market continued to stumble in the last quarter, with the findings aligning with the initial overview.
  • While there was slight growth in investment volume in Europe compared to Q2 2023, macroeconomic and geopolitical worries make a recovery of exits and late-stage investing uncertain in the short-term.
View Full Article

Comments (0)

Be the first to comment!