In the last decade, a staggering 1,200 venture capital funds emerged, marking one of the tech sector's most remarkable periods. This era witnessed an influx of hundreds of billions of dollars from both seasoned and novice investors, drawn by promises of dream returns as long as the unicorn factory kept galloping.

The years 2021 and 2022 became industry milestones with record fundraising surpassing $300 billion, and even the Israeli venture capital market joined in the celebration. However, the winds shifted in 2023, leaving many disillusioned from their VC ventures as valuation levels plummeted, new fundraising rounds vanished, and exits disappeared from the horizon. READ MORE