As an entrepreneur, if you are considering venture capital to fund your startup, be sure to study the state of your current market.
In an article from Entrepreneur, author Jayson DeMers writes, “For the past several years, the total dollar amount of VC given to startups has increased significantly, with venture capitalists showing increasing interest in new technologies and potential “unicorns” that could be valued at a billion dollars or more”.
In the article, DeMers discusses:
- Total VC funding down 11%
- The median deal size
- Unicorn valuations
- VC for AI and machine learning has nearly doubled
DeMers continues, “It’s still an exciting time to be a startup tech entrepreneur — though the dynamics are changing. But if VC is the direction in which you’re headed, you should stay up to date with the latest trends, and position yourself accordingly”.
To read more, see the full article from Jayson DeMers in Entrepreneur.