Angels Confront the Apocalypse: How Angels Reacted to the Great Market Inversion of 2022
Angel Capital Association
MARCH 11, 2024
With war, inflation, supply chain disruption, epidemics and the end of nearly free capital, the twelve-year party ended in 2022. The sharp reversal in 2022 from bubble to sober economics is well illustrated by Pitchbook’s index(1) of how founder or investor friendly the investing climate is. And did we see lower returns in 2022?
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