I’ve updated my blog “The New Moats: Systems of Intelligence” from six years ago in light of all the changes and advances in AI over the past few years. I took a “red pen” to highlight what has changed.
https://t.co/YgtiF8iQIB
Fundraising by venture-capital firms hit a nine-year low in the fourth quarter. Venture firms raised $20.6 billion in new funds in the fourth quarter. That was a 65% drop from the year-earlier quarter and the lowest fourth-quarter amount since 2013, according to data firm Preqin
Top 10 Most Active VC Firms in Greater China for Year '22, according to Pitchbook:
1. @sequoia
2. Shenzhen Capital Group
3. @QimingVC
4. Oriza Holdings
5. @shunweicapital
6. CICC Capital
7. Legend Capital
8. Hillhouse Capital Group
9. @IDGCapital
10. Addor Capital
According to the Emirates News Agency (WAM), Hub71+ Digital Assets is dedicated to advancing Web3, a decentralized online space built on innovations such as blockchain technology and metaverse applications.
https://t.co/UtcTXY5EUT
""The fund's mandate is to invest in early-stage token and equity deals in web3, gaming studios and the infrastructure that supports the growth of the industry to benefit the LPs [limited partners] of YGG Ventures Fund I," reads the fund's pitch deck.
https://t.co/LACH8ib4Ar
54% of all megadeals — funding rounds of $100 million or more — from the last four years went to companies based in New York or the Bay Area. And 60% of all venture backed companies worth $1 billion or more are based in those two places, according to the report.
Record amounts of capital flowed into the venture industry in recent years, but the vast majority of it went to the usual places. https://t.co/7eBY26ouqJ
🦄 2022 saw 47 new unicorns emerge in Europe, the second highest figure on record, taking the cumulative unicorn count to 129. Learn more about VC valuation trends, including breakdowns by stage, sector and region, in our latest report: https://t.co/keyFUTxDla
📌 VC funding in the South is accelerating. Companies in the region brought home 15.5% of all venture capital funding in the U.S. last year—up from 11.7% the year prior.
📌 Founders are playing the waiting game. The average wait time in between venture rounds for a Series A round and a Series B rose to nearly 2.5 years. This means companies need more runway than ever.