The VC space, for example, was supercharged throughout the pandemic. In 2021, global VC funding volume reached a record $681 billion, more than double 2019’s figures.
“[A] growth-at-all-cost mindset fueled by cheap capital in 2020 and 2021 and exploding investor interest caused by a fear of missing out (FOMO) led to large investments into startups across all stages,” Alex Warfel, a PitchBook analyst, explained in a Friday note. READ MORE