Shifting investor priorities, more expensive cash and a dearth of the large deals that were so common during the last startup boom could leave many late-stage web3 companies short on cash. And the clock is ticking.
People are already memeing that venture capitalists have pivoted from crypto to AI, hunting, as they’re wont to, for the next big thing. For startups stuck in a now passé category, watching venture dollars flow elsewhere cannot feel great, even if such evolutions in capital flows are normal.
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TechCrunch recently dug into venture capital data to understand how investor interest in web3 companies is faring in 2023. We also sought to glean what we could from similar searches for AI-related startup fundraising.
What did we learn? Well …
