“A firm may not have five VCs chasing them, but the best companies will still raise capital," a venture capitalist said.
April 19, 2023 at 11:47 PM
7 minute read
The balance of power has shifted in the startup realm. Entrepreneurs who once had their pick of investors will have a harder time raising money in 2023. Venture capital firms are also pushing back, insisting on due diligence and demanding better terms.
The market is looking quite different than it did in 2021, when founders could command higher valuations, fewer restrictions on share sales and more of a say in board composition.
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