The Week In Crunchbase Data: Billions And Billions, Reader Survey Results, And More

The Week In Crunchbase Data: Billions And Billions, Reader Survey Results, And More

Time Stamp: December 22, 2022 8:30 AM
Source Node: 1854985

“Billions and billions!” astronomer Carl Sagan is still famously (and inaccurately) quoted as saying about the number of stars. We here at Crunchbase love to talk about billions as well — billions in valuations, billions in revenue and billions in fundraising, even in a volatile year like 2022. Here’s the week’s most notable billions below.

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We also learned that many of our readers are bracing for a recession in 2023, and that if you want to evaporate a whole pile of money, consider investing in a tech startup going public via a SPAC.

Illustration: Dom Guzman

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Despite 2022’s pullback in venture capital funding, 10 companies in the U.S. still broke the $1 billion barrier in individual raises.

For 2023, we’re predicting that startup investors will be looking for novelty in the companies they back. Out with the me-too business plans.

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