PitchBook has released a new report showing that venture capital first financings have declined this quarter to $2.1 billion, a 47% drop year-over-year. Alex looks at the new data on first-time equity investments and comments on why he thinks this downward trend is occurring.
This is an excerpt from episode XX of Winner Take All. Watch the full episode here:
Originally Aired: 10/20/20
First financings’ share of total US VC deal value continues to shrink in 2020: pitchbook.com/news/articles/first-financings-us-vc-deal-value-2020
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