Five Red Flags Hanging Over Venture Capital

The artificial intelligence boom has provided a nice distraction from the reality of the venture capital industry, where cracks beneath the surface continue to grow. 

The latest edition of PitchBook’s quarterly report on the venture business paints a concerning portrait and offers a bleak projection: “the dam created by the headwinds of high interest rates and inflation will eventually crack.”

Here are five data points from the new report that jumped out at me: