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October 17, 2022 | Tom Ballard

Dry powder could fuel new venture investments in 2023

A recent article in The National Law Review suggests that “we could see a return to blockbuster venture capital investment in 2023.” Why?

“If venture capital firms begin to deploy the massive amount of dry powder they are currently sitting on, we could see investment next year along the lines of what we experienced in 2021 or even greater,” the article’s author suggests. It further quotes Jon Sakoda, Founder of early stage venture firm Decibel Partners, who analyzed nearly a decade of venture fundraising and investment activity, and recently told The Information that venture capital firms are currently sitting on $290 billion in dry powder – raised, but not yet deployed capital – with $162 billion of that designated for new investments.

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