# of deals and # of first financings seem to be in a normal dec-feb drop period, but I think the overall index is driven by insane amounts of money per deal that peaked in june last year, making it look like a scary situation if you look at the index alone. Taking the parts one-by-one this is looking quite healthy
I wouldn't be surprised if the boom in deal amount was in turn driven by a small number of crazy large deals, assuming softbank, which given some big implosions last year has sobered up the amount given per deal. Again, this points to a healthier, more sustainable outlook since there are obvious longterm downsides to overinvesting in unicorns that can't possibly deliver.
I wouldn't be surprised if the boom in deal amount was in turn driven by a small number of crazy large deals, assuming softbank, which given some big implosions last year has sobered up the amount given per deal. Again, this points to a healthier, more sustainable outlook since there are obvious longterm downsides to overinvesting in unicorns that can't possibly deliver.