Business Insider: “Despite huge rally in tech stocks, VC investors aren’t sure markets are stable and have slashed spending”
By datatrekresearch in IN THE NEWS
Excerpt from Business Insider quoting DataTrek co-founder Jessica Rabe:
.... "In a separate note, DataTrek Research cofounder Jessica Rabe attributed the decline to the uncertain macroeconomic environment and dampened investor appetite, except for AI.
"As much as public tech companies have rallied this year, VC investors aren't yet convinced equity markets will remain stable. Whether VC funding finally trends higher in 2H 2023 will come down to the emergence of more successful venture-backed IPOs, especially for later stage startups," she wrote"....
Full article here on Business Insider.
