Startup funding in the second quarter of 2023 declined by over half its value since last year, falling to $10 billion. PitchBook Lead VC Analyst Kyle Stanford sits down with Yahoo Finance Live to discuss the environment for companies seeking venture capitalist support funding.

"There's 51,000 private VC-backed companies right now and then there's also... maybe about half as much capital, and so these companies are trying to find a way to move forward," Stanford says on the struggle to access capital funds. READ MORE