Day: June 4, 2025
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May Sees Venture Funding Drop, OpenAI Leads Startup Acquisitions
May 2024 marked a significant cooling in the venture capital landscape, introducing both concerns and new opportunities for stakeholders navigating the fast-changing tech ecosystem. According to Crunchbase News, global startup funding dropped sharply to $21 billion in May, a 31% decline from April’s $30.5 billion. While such contractions are not unprecedented in venture capital cycles,…