Startup Valuations Drop Again in 1Q23

PitchBook has released their 1Q23 US VC Valuations Report and the conclusion can be fairly well summed up in one quote: "We estimate that Q1 2023 marks the most investor-friendly market environment observed in nearly 10 years." Below is a link to the report. It's long, but they do a good job of summing it up in the Key Takeaways section.

We launched WealthTech Strategy Partners not in spite of the current market but because of it. In our over 30 years of experience, we have seen these cycles come and go. Buyers dry up, deal volume declines, valuations come in, those that can ride it out can, those who can't need to get very creative. We are here to guide you through regardless of which path you walk.

Link to report