The startup market has a global footprint, varied goals, diverse business model and constant evolution. The venture capital market, on the other hand, is slower to change, but it has also changed over the past decade.
Startups and their backers have gone a bit crazy over the past year, raising too much money, often at unsustainable prices. We are now seeing a collective hangover making its way through global startup markets.
You know all of this. This afternoon we are looking at a related issue. Yes, graphs that once only pointed up are now only pointing down, but when did we hit the local maximum? Seed capital and venture capital have hit a zenith of activity at some point in recent quarters – but when?
The answer is actually a little less clear than expected. Using new data from Crunchbase News, let’s try to figure out when the music really stopped and reality went downhill.