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What Happened In 2023

A VC: Musings of a VC in NYC

I ended my What Will Happen In 2023 with this advice: Buckle up, hang tough, and be smart. That was a big miss as 2023 will most certainly be remembered as the year that AI went mainstream with consumers, thanks to Chat GPT and other consumer interfaces to large AI models. To some extent, these two things are related.

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What Will Happen In 2023

A VC: Musings of a VC in NYC

I want to focus this post on the macro environment for tech, startups, web3, and climate because that is where my head is at right now. Interest rates will level off in the first half of 2023 and I think there is a good chance of a “soft landing” or a very mild recession in 2023.

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Grow Fast, Breakeven, or Die: How Moderate Cuts Will Kill Startups in 2023

This is going to be BIG.

That’s what every VC is telling their portfolio companies these days. If you don’t realize that, just imagine you’re a VC fund with some dry powder in the second half of 2023. The one question every VC needs to be able to answer on the way to getting to a “yes” is, “Can this return a big chunk of my fund one day?”

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Dispatches from the Road: Q3 2023

Revolution

We spent the good part of the past three months doing our favorite part of the job: meeting the startups we seed (and the communities that rally around them) on their home turf. What we did: Rise of the Rest VP, James Barlia , touched down in Motor City to get the latest on the startups innovating in mobility at the Fontinalis Summit.

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2023 VC predictions: Finding an exit from the ‘messy middle’

TechCrunch

To predict what 2023 will look like for venture capital, we need to start by understanding where we are now. The VC landscape has started to bifurcate, and it will continue to do so during 2023 both for fundraising and investments. In 2023, we will see two worlds emerge. Share on Twitter. More posts by this contributor.

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Without the Stripe and OpenAI deals, global VC results would have been even worse in Q1 2023

TechCrunch

Even as Y Combinator reveals the latest startups in its cohort for this winter , we have poor news for founders: the global venture capital market shrank in Q1 2023, and it would have been even worse if it were not for a few mega deals, according to Crunchbase (disclosure: my former employer) and PitchBook reports. Up is good, right?

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European startup funding halved to $42B in 2023, says Atomico

TechCrunch

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC funding for startups, particularly those outside the U.S. All rights reserved. For personal use only.

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