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Are VCs really sitting on record amounts of cash waiting to be deployed in new startups? If I want. But if it sounds too good to be true, it probably is. — Anna

Record levels, but…

A recent guest post on australiabusinessblog.com+ wondered if “record levels of dry powder [will] lead to a delayed explosion of startup investment.” The question was based on a postulate: that venture capitalists have raised enough money that has yet to be deployed.

The idea that dry powder has reached record levels is widely shared and supported by data.