Dry powder versus wet powder: The numbers have spoken
TechCrunch
FEBRUARY 18, 2023
Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Lux Capital partner Josh Wolfe predicted that “dry powder” would prove to be “wet powder ” as venture capital funds opt to support existing portfolio companies through rough times over making new investments.
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