How founders raised money so far in 2023

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This week, DocSend dropped a big load of statistics about the VC activity over the past half year or so. For TC+, I did a deep dive into the trends that are starting to show up. Subscribe for the full story, but since you’re a trusty reader of this fair newsletter, I’ll give you the TL;DR:

  1. “Why now?” is becoming more and more important to investors — why should they part with their cash to invest in you in this exact moment? I’ve written more about “why now” in the context of pitching elsewhere, but it’s interesting to see that surface.
  2. Decks are getting shorter; last year, the average successful deck had 19 slides. Now the average is 16. Do mor...
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