Welcome to the second quarter, friends. It’s time to take stock of just what went down in the first three months of the year, which means a deluge of venture capital data and yet another earnings cycle.
I want to start our formal Q1 2023 venture lookback with China. PitchBook recently dropped some numbers relating to venture capital funding in China for 2022, and I’ve augmented it with a quick scan of Chinese Q1 data from the same source.
The resulting picture is one of a country that’s seeing markedly smaller venture capital investments at a slower pace than has been the case for a few years.
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