The late-stage venture market is crumbling
Late-stage dealmaking in the startup market is contracting sharply, with valuations for Series D rounds and later declining by 60%, which could be seen as a negative for startups seeking pre-IPO capital but a positive for filtering out weaker companies and recycling human capital faster.
![](https://techcrunch.com/wp-content/uploads/2023/08/GettyImages-857406660.jpg?resize=1200,800)