Redpoint, a U.S. based venture investor, shared a good presentation on the software and venture capital market at its annual general meeting.
Two slides that indicate that times are getting better (software is growing and venture capital invested has stopped going down):
Public software companies are growing Net New Annual Recurring Revenue (adding more future revenue than they are losing)
Venture capital dollars invested have declined for eight quarters, which is very close to the 9-10 quarters of decline after the Internet bubble and the Great Recession, but now seem to have bottomed out and are at the same level as in 2017-2019.
