New data from carta indicates that valuations for very early stage startups are holding up better than we expected in the current slowdown.
But while it seems that the price at which investors are willing to put capital into various startup sectors sometimes becomes more expensive, the pace at which deals are happening is slowing down enough to make the changing value of seed deals really make sense.
Call it the glass half full/glass half empty seed market. If you’re optimistic, good news abounds. And if you’re bearish, well, we have enough data to make that argument too.