resurging

“Tomasz Tunguz of Theory Venture Predicts AI’s Dominance, the Revival of Web3, and the Future of Tech Investment in 2024”

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At the end of 2022, like many, I made some predictions about what 2023 would bring to the technology investing ecosystem. AI and data continue to dominate the funding landscape. U.S. VC deals fall from $275 billion in 2022 to $200 billion in 2023, and sustain at about $200-$220 billion next year. Valuations will remain relatively steady, except for AI businesses, which will command a premium of about 10-15% to the market. While VC deals fell dramatically between 2022 and 2023, 2024 won’t see as sharp of a decline.