Why Was Winter in Venture Capital Funding so Short?
Both Sides of the Table
FEBRUARY 6, 2017
With nearly 2/3rd of all VCs citing cost-cutting in 2016 as the norm — this is a clear indication that winter made an appearance. Perhaps this is why the Kuwait Investment Authority put $165 million into Jawbone and Saudi’s PIF put $3.5 Saudi’s PIF + UAE’s Mubadala teamed up with Japan’s SoftBank to launch a new $100 billion fund.
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