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Rounds, term sheets, fund announcements, and everything you need to understand how capital moves through the venture ecosystem.
Seed rounds that would have been Series B checks five years ago are becoming the baseline for certain categories. We break down the inflation driving pre-product valuations to the moon — and who gets hurt.
After a wave of first-time fund commitments from 2020–2022, limited partners are recalibrating. The era of 'anyone can raise a fund' may be over.
After talking to 20 VCs about what kills deals in due diligence, a clear pattern emerged. Here are the documents and numbers that make investors walk.