Seattle Venture Capitalists Slow Startup Investments Amid Economic Cooling but Raise $150.9B in 2022
Seattle-area venture capitalists are slowing investments due to economic cooling and market uncertainties but have raised a record $150.9 billion in funds in 2022, with Seattle firms raising over $1.3 billion to invest in startups despite a reduction in deals. Investors advise startups to preserve cash amidst rising interest rates, stock declines, and layoffs.
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