2023 was a challenging year for startups. Rising interest rates squeezed the market, leading to overly cautious investors and a dwindling pool of funding. Crunchbase notes that investment across all startup stages fell from $230.5 billion in 2022 to $144.3 billion in 2023 — a pronounced decline of 37%.
However, there are reasons to be cautiously optimistic about 2024. READ MORE
