Tech Investors Stockpile Record $311 Billion in ‘Dry Powder’

Venture capitalists (VCs) reportedly have $311 billion in unspent cash as tech funding cools. VC groups in the U.S. raised a record $435 billion from their investors between 2020 and 2022 and have deployed just half of that amount, the Financial Times (FT) reported Tuesday (Jan. 30), citing data from Pitchbook. That means there is … Continue reading Tech Investors Stockpile Record $311 Billion in ‘Dry Powder’