PitchBook: emerging managers in VC, defined as those with three or fewer funds, raised $17B in the US in 2024, down from $64B in 2021, and $4.7B so far in 2025 — Funding for new VC firms has turned sharply downward, putting enormous pressure on newcomers. — There's a crisis brewing for the next generation of venture capitalists.
Posted from: this blog via Microsoft Power Automate.