Meh. The OP looks only at historical data only over the past 10 years -- all of which occurred during the longest-ever rising (bull) stock market in US history (excluding the temporary shock and recovery at the beginning of the pandemic). A more useful analysis would look at data during the 2000 to 2002 period, during which the market caps of many prominent, high-quality tech stocks declined by 80% or more. What happened to startup fundraising during that period? Or it would look at data from the 1973-1982 period, during which many so-called "nifty fifty" tech stocks (think IBM and Xerox in their heyday) declined by large double-digit percentages and did not recover for nine years. What happened to startup fundraising during that period?
No discussion yet. Be the first to share your thoughts!