Venture capital fund returns were negative for three consecutive quarters last year for the first time in over a decade, The Wall Street Journal reported , citing PitchBook data. In the third quarter of 2022, the annual internal rate of return reached negative 7%, the lowest since 2009, according to the report. While venture capitalists may say they’re still optimistic about the industry’s...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
crypto
MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped