Global VC activity declines in Q3 | NVCA 1st look
GamesBeat Next is almost here! GB Next is the premier event for product leaders and leadership in the gaming industry. Coming up October 28th and 29th, join fellow leaders and amazing speakers like Matthew Bromberg (CEO Unity), Amy Hennig (Co-President of New Media Skydance Games), Laura Naviaux Sturr (GM Operations Amazon Games), Amir Satvat (Business Development Director Tencent), and so many others. See the full speaker list and register here. Global venture capital activity declined in Q3, confirming that 2024 will be another weak year for venture investments and exits, according to the Q3 2024 Pitchbook/NVCA Venture Monitor First Look. By just about every number, Q3 was weak and 2024 overall doesn’t compare well in terms of numbers of deals, average deal size, VC fundraising, exits and dollar amounts raised. No particular region stood out in terms of great performance, based on the report from Pitchbook and the National Venture Capital Association. PitchBook’s lead VC analyst Kyle Stanford said in a statement that dealmaking in the U.S. showed its first quarter-over-quarter decline in a year. …