Founders Committee Ventures

[Founders Committee Ventures @ventures_fc]

🚨NEW WEBSITE ALERT🚨
https://t.co/3Xzmzb2z3U

[Founders Committee Ventures @ventures_fc]

🌟 Our Venture Walk & Talk was a success! 🌟 Founders, angels, and VCs connected and brainstormed while strolling through Central Park. Big thanks to @danielmerja for leading. Great conversations, networking, and new connections made! Here's to more collaborative events! 🙌

[Daniel Merja @danielmerja]

If this gets 100 likes, I'll reveal an exclusive sneak peek of the hush-hush project I've been building.

[Daniel Merja @danielmerja]

US venture capital ecosystem in Q2 2023:

- Deal activity remains muted, with deal value and count plateauing but still below 2021-2022 highs. There are now over 50,000 VC-backed companies in the US.

- Early-stage deal count grew slightly, likely due to investors still looking to that stage. Venture growth deal count also rose, but likely indicates "rescue" funding rather than new investments.

- Down rounds have started to appear, at 14.2% of completed financings in Q2. This indicates the pressure from limited capital availability.

- Exit value was very low, only $12B in H1 2023. Public listings remain stagnant, with only 4 tech IPOs in the past 12 months. Acquisitions made up most exit value.

- Fundraising continues to struggle, with only $33B raised in H1. Emerging managers are having the most trouble. Dry powder remains high at nearly $280B.

- Participation from nontraditional investors like corporate VCs declined again, removing a key source of late-stage capital. Their deal count share fell to 30.5% of all deals.

- Investments in female founders are pacing for the second highest annual total, though all-female founding teams saw deal value drop sharply.

- Sectors like AI, climate tech, and cybersecurity continue to attract interest, while consumer internet/mobile and fintech deal value has decelerated.

- The market remains very investor-friendly, with valuations compressed across stages. But some optimism persists around areas like generative AI.

In summary, the VC market continues to face significant headwinds, with deal and exit activity muted. But pockets of strength remain, especially at early stages, and recent legislative initiatives could provide support. The industry appears to be waiting for greater macro clarity before capital begins flowing more freely again.

[Evis Drenova @evisdrenova]

Had a blast on the @MongoDB podcast chatting about
@usenucleuscloud, kubernetes and microservices. Check it out here!

https://t.co/uz4VCc1q6R

[Founders Committee Ventures @ventures_fc]

Do you remember when you joined Twitter? We do! #MyTwitterAnniversary #OurTwitterAnniversary

[Daniel Merja @danielmerja]

I made an AI text-based adventure game with OpenAI. Have fun!

https://t.co/7Eu8vWFUMN

[Founders Committee Ventures @ventures_fc]

Did you know that only 1% of startups receive venture capital funding? It's a highly competitive process, but for those that do secure funding, it can be a game changer for their growth and success.

#venturecapital #startupfunding #entrepreneurship

[Daniel Merja @danielmerja]

Want to know why most startups fail?

https://t.co/q5qFAjbZid

[Founders Committee Ventures @ventures_fc]

How AI is Transforming Venture Capital & Startups - by @danielmerja

https://t.co/XqpDctxrwg

[Founders Committee Ventures @ventures_fc]

@NYCTechWeek here we go!

#NYCTechWeek

[Daniel Merja @danielmerja]

Join us Friday for #NYCTechWeek and close your week with some new connections.

https://t.co/hK8t9i7p3r

[Founders Committee Ventures @ventures_fc]

@danielmerja @jackkuveke @tylerfromantler We second this. 😁

[Founders Committee Ventures @ventures_fc]

@alexposcente @getbitscrypto 👀👀👀

[Alex Poscente @alexposcente]

GUESS WHO WAS FEATURED IN MORNING BREW TODAY?! @getbitscrypto

[Jay from Bits @getbitscrypto]

We think the #crypto space can be more generous.

That's why we're giving away $1k in #Bitcoin!! 👀

To enter:
1⃣Follow us!!
2⃣Like and Retweet this post
3⃣Tag someone who likes money
4⃣Pre-order Bits https://t.co/tCu11qsIAp

Entry ends on Tuesday, August 16th at 6pm PT!

[CryptoDep @Crypto_Dep]

⚡️ Top Recent #Crypto Fundraising Events
9 August 2022

We are excited to present a list of recent crypto fundraising events, backed by @a16z, @BinanceLabs, @Coinbase, @Hashed_official, @PanteraCapital, @DCGco, @ArringtonXRPcap, @Avalabsofficial, @HuobiVentures, @GSR_io & others.

[Jay from Bits @getbitscrypto]

1/ Bits is thrilled to announce our pre-seed raise of $1.2 million, backed by investors like @HOFCapital (MoonPay, Stripe, Kraken), @fdotinc (ThirdWeb), and @FoundersCommitt (Gumroad). Check out this piece by @coindesk to learn more 💫

https://t.co/2QrFnbNyw1

[Founders Committee Ventures @ventures_fc]

@CoinDesk, we are super excited to be backing @getbitscrypto and their remarkable team.

[CoinDesk @CoinDesk]

.@getbitscrypto has raised $1.2 million in a pre-seed round to build out its mobile app for users to make small, automatic investments in crypto.
@camlearnscrypto reports
https://t.co/fQmqUmSJY4

[Founders Committee Ventures @ventures_fc]

@getbitscrypto DCA NOW!

[Founders Committee Ventures @ventures_fc]

@PaulYacoubian Forgot something?