While Sequoia is warning founders about a downturn, a16z just raised a king's ransom to pour into the web3 market. If startup news is pointing in two directions, so too are data from the venture capital world. On the other hand, Bolt is laying off staff amidst a correction in the larger startup market, and perhaps its own space. Monte Carlo just raised a unicorn round, worth $135 million at a $1.6 billion valuation. Natasha gave us a brief update on All Raise's annual VC summit, but she'll get into more on an upcoming Wednesday show (stay tuned!) Where do you stand in your own viewpoint? Well, read on for some data to consider: And there are some counter-narrative data points that paint a more complex picture. There are myriad signals that the startup market is slowing down.
You can tell from the topic list today that we are in an odd time. Happily we were once again at full strength this week, with Alex Wilhelm, Natasha Mascarenhas and Mary Ann Azevedo chatting, and Grace handling production. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
