Economy

U.S. Venture Capital Has Dried Up For Next-Gen Technologies

As VCs pull back funding on cryptocurrencies, VR, and autonomous cars, it’s likely that the existing industry leaders will extend their lead in their respective fields.

U.S. Venture Capital Has Dried Up For Next-Gen Technologies
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American venture capitalists (VCs) have started to restrict funding on 3 next-gen technologies as similar businesses in the industry have started failing in the high interest rate environment. See the chart below:

As   VCs pull back funding on cryptocurrencies, VR, and autonomous cars, it’s likely that the existing industry leaders will extend their lead in their respective fields. Simply put, free flowing VC money will no longer be able to lead companies to compete with Bitcoin and Ethereum, Meta Platform’s Oculus, and Alphabet’s Waymo; competition to  these market leaders will need to come from internally funded businesses as the market moves ahead.

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