In recent weeks, tech media has been awash with coverage of falling startup valuations and sell-offs of once-booming stocks in vibrant sectors.May 2022 is the first time in over a year that global VC funding has fallen under $40 billion, standing at $39 billion according to industry trends analytics company, Crunchbase. This is down 20% from $49 billion a year earlier in May 2021 and far below the $70 billion peak of November 2021.In the first quarter of 2022, the US and Asia both recorded 1% year-on-year declines in venture funding. Europe and Latin America saw growth of 33% and 35% respectively.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journ
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