By Kelly Richardson, co-founder of Infobrandz. She likes to help people build businesses through visual communication & her influential blogs.
As we enter 2023, the honest truth for global startup funding is singular—there seems to be no more cheap money for startups. And it’s a hard pill to swallow.
According to Crunchbase, global VC funding for startups fell 69% between November 2021 and November 2022, and the downward trend seems to show no signs of turning up yet. Ultimately, the global VC funding size for startups was $445 billion in 2022, 35% less than in 2021.
Yes, it’s a harrowing stat for budding startups. But