
Navigating the Turbulent Waters: A Critical Analysis of the Venture Capital Landscape in 2023
In 2023, the venture capital industry in the U.S. faced a continued downturn, with deal activity slumping from the highs witnessed two years prior. According to a report by Pitchbook and the National Venture Capital Association (NVCA), a mere 15,766 deals were completed in the U.S. during the year. More significantly, a meager $170.6 billion was invested in companies, approximately half the amount seen in 2021.