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VC Performance Breaks Records — Not in a Good Way

According to new research from Prequin, VC funding is not only down, but so are indicators of how firms are performing. Index return performance has dropped 10.4% in the expansion-stage quarter over quarter, and 5.9% in the early-stage in the fourth quarter of 2022. Year over year as of the last quarter of 2022, index returns were down 20% overall.