Despite the news Potential interest rate cuts have led to optimism that the IPO window could reopen and things may improve in startup land, and it appears the global venture capital market has yet to stabilize: early data from Pitch book It notes that global venture capital investment in startups continued to decline in the fourth quarter of 2023.
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Although things are down sharply in the US compared to the heady days of 2021, investing trends appear to have largely reached a new normal – US startups raised $37.5 billion in the last quarter of 2023, which is not much less than The amount it raised in 2023 amounted to $37.6 billion. The second quarter of 2023 and $39.8 billion in the fourth quarter of 2022.
In contrast, here is what is happening globally:
![](https://techcrunch.com/wp-content/uploads/2024/01/Deal-value-B-and-Deal-count-2021-2023-PitchBook-data.png)
Data from Pitchbook. Image credits: Alex Wilhelm/TechCrunch
We’re still slipping, folks!