Everyone knows that raising venture capital has been harder for startups lately — unless you are building an AI startup, of course. But instead of only talking to founders, we’re flipping the script today.
We wanted to hear from investors how their portcos are handling a cash-light environment. To that end, TechCrunch+ recently asked 11 VCs how the first half of 2023 bore out for their investments.
From their answers, it appears a startup’s ability to fundraise in today’s climate is based on several key factors, including capital efficiency, the market and its needs.
How bad was H1 2023?
Menlo Ventures’ Matt Murphy was succinct when we asked how 2023 was shaping up for his firm’s portfolio companies: “Fundraising is challenging, full stop.”
“Challenging” is a good descriptor. So is “quiet, …
