W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. As a founder, it takes conviction not to pivot when it seems that everyone else is. But what if everyone was right? Also…
The global venture capital landscape looks quite depressing at this point in time, but fortunately, we’re seeing new and encouraging signs of life in select markets. Europe is one such market, given that the value of venture deals on the continent has been steadily crawling higher this year. Latin America, new data indicates, could be…
The state of the global venture capital market leaves much to be desired, and the United States hasn’t escaped the slowdown: PitchBook and the NVCA both reported that the “third quarter of 2023 nearly saw the lowest overall venture deal value in six years and the lowest deal count in roughly three.” In fewer words:…
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Let’s be honest, it’s been a tough week. But let’s use some spare brain cycles to reflect on defense tech, AI in Canada…
African startups’ fundraising trends have reverted to what we might call pre-COVID norms. In a nutshell: Startups on the continent raised less money in the third quarter of 2023 than they have since the end of 2020, according to The Big Deal. The continent’s startups are not alone in their fundraising struggles. Canadian startups have…
Online publishing platform Medium has led a bit of a tumultuous life. Seeking to thread the needle as it tried to be both a publisher and a writing platform, the company tried several different business models (allowing individual publications on its platform to offer paywalls, building its own publications, and more), seeing varying levels of…
The Indian startup ecosystem did not escape the fundraising woes that struck the rest of the world in the third quarter: Startups in the country raised 50% less than they did a year ago and raised less than they did in the second quarter as well, according to private market database Tracxn. The Exchange explores…
The global venture capital market failed to turn the corner in the third quarter of 2023, instead racking up another quarter’s worth of declines in most parts of the world. The data, however, can become a little bit abstract in numerical form. So, today, the TechCrunch+ team has charted the most important venture capital data…
When we first read PitchBook’s data on global venture investment in Q3, the first conclusion that my colleague Alex Wilhelm and I reached was that startups around the world wouldn’t be mistaken to expect another quarter of declines. As usual, the numbers are nuanced: European startups were faring slightly better than the rest of the…
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. This week, we’ll dive into the results of a survey I conducted on the future of AI and what lies beyond the ChatGPT…