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$300 Billion Went Into Startups Last Quarter. Most of It Went Nowhere New.

$300 Billion Went Into Startups Last Quarter. Most of It Went Nowhere New.

Spencer Gareiss's avatar
Spencer Gareiss
Apr 14, 2026
∙ Paid

The headline looks incredible. Venture capital just had its best quarter ever — by a lot. $300 billion deployed in a single quarter, more than 70% of all VC activity in all of 2025. The kind of number that should mean founders everywhere are getting funded.

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