The roundtrip results?
On average, Palantir’s SPAC investments are down 80%+ (as of early January).
Fast Radius filed for bankruptcy in November, just 9 months after its SPAC deal. More are likely to go under. Meanwhile, Palantir’s stock is down 60% over the past year.
Don’t you love it when a plan comes together?
The WSJ and Newcomer have some good reporting on what is going on with Palantir’s round-tripping revenue as well for those who want to learn more.
What happened to the SPAC boom? Find out with our explainer here.
2022 in review
The full-year 2022 numbers are in: global venture funding fell by 35% year-over-year.
While startups raised a record-high $638.4B in 2021, they drew $415.1B in 2022.
Dive into our State of Venture 2022 Report preview to get a sneak peek at 2022 funding data and discover:
The full report launches on Wednesday. If you want to be the first to receive it, let us know here.
The sector that saw annual funding drop below 2020 levels
How $100M+ mega-rounds fared in 2022
The region that saw a record-high amount of annual funding