After a long positive run, venture capital enters 2024 buffeted by crosswinds.

The market has become choppier due to global pandemic aftershocks, including supply chain disruption, rising inflation, and workplace and productivity changes from remote work adoption.

Though the U.S. economy appears to be headed for a "soft landing," where restrictive monetary policy slows inflation and job growth without leading to unemployment spikes, the belt-tightening steps businesses took in anticipation of a widely predicted recession are squeezing the venture capital industry. READ MORE