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It’s hard for companies looking to raise money. After several record years, startups saw funding cut in half in the third quarter of 2022, according to Crunchbase News. While many of us wonder if we’ve bottomed out, there’s reason to be hopeful that dollars in reserve can improve the outlook in 2023. Whatever the market has in store, venture capital funding is likely to look different in the coming years, with venture capital funds focused, sustainable growth in the companies they support.
Simply put, this environment is all about getting back to basics.