“Meanwhile, many LPs themselves are increasingly strapped for cash. The recent IPO slowdown and a broader trend of startups staying private for longer means that some long-time investors have found themselves overexposed to VC bets that have yet to pay off. Adding to the problem: universities and foundations, whose portfolios often include venture capital investments, have recently been on shakier political footing.”

It’s Never Been Harder to Make It in Venture Capital

“Meanwhile, many LPs themselves are increasingly strapped for cash. The recent IPO slowdown and a broader trend of startups staying private for longer means that some long-time investors have found themselves overexposed to VC bets that have yet to pay off. Adding to the problem: universities and foundations, whose portfolios often include venture capital investments, have recently been on shakier political footing.”

It’s Never Been Harder to Make It in Venture Capital
https://archive.is/jGcAm

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

And good founders can customer fund via direct sales and tokens

So true, anecdotally

Downside of vibe coding, is there’s less of a moat

And a bazillion projects looking for attention 

Meanwhile the incumbents building tech have the capital already

And the energy projects need infra financing more than equity allocations

VC Capital will wait until there is with more valuation