Denouement
View from Seed
NOVEMBER 7, 2019
Aggregate VC investment in 2009 hits a low of roughly $20B, a figure last seen in 2003 in the wake of the bursting of the dotcom and telecom bubble and 2001 recession. But there is also opportunity in lean times. But overall this is a period where the IPO market remains largely closed to VC-backed startups.
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