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- Many VCs are optimistic that the frosty conditions of the funding landscape will thaw this year.
- That spells hope for cash-crunched startups most likely to seek funding in the new year.
- But funding conditions will only slightly improve, and continue to remain challenging.
Everyone in the venture capital ecosystem hopes 2024 will be better than 2023 — another year of mass layoffs and sparse funding.
The past 18 months have been challenging for many, especially those who haven't experienced such extended economic fragility. We've witnessed startup after startup decide to hang up their cleats, thousands of workers get pink slips, and some VC firms show kinks in their armor.