Tech Startup Financing Hits Records as Giant Funds Dwarf Venture Capitalists

Big money-management firms expanded their dominance in Silicon Valley last quarter, crowding out venture capitalists in a once-niche business and putting 2021 on pace to nearly double last year’s record in startup financing.

Investment in U.S. startups for the first half of 2021 hit $150 billion, eclipsing full-year funding every year before 2020

Read the full article at: www.wsj.com