According to the 2024 National Venture Capital Association Yearbook, at the end of 2023, there were over 3,400 venture capital firms in the United States. That year, over 13,600 deals closed, with a total value of over $170 billion. Clearly, plenty of VCs and founders are looking to get deals done.

I think there is a misconception that the balance of power is always in VCs’ hands, leaving founders begging for term sheets. VCs are often perceived as the “king makers” and decide, with the stroke of a pen, the founder’s fate in some type of “survival of the fittest” journey. READ MORE