May 2024 - D3VC Update - Increased Deal flow, Podcast, & Crowdfunding Genome Announcement
We've been busy at D3VC. A few trends are happening in the private capital markets that are proving to be positive for us. According to Pitchbook and our friends on Sand Hill Road, VCs are still sitting on the sidelines with signals that they won't start to invest until later in the year. This means more companies are turning online for capital, and hence, we are seeing an increase in deal flow and investor interest. We are also seeing a drop in valuations, mainly in the pre-revenue space, opening opportunities for us to uncover promising companies to invest in. That said, we are seeing more VCs syndicating deals under Regulation Crowdfunding than ever. We like this because they come in with capital, diligence, and an eye for growth.
We are also excited to share a sneak peek at what we think will bring more eyes, ears, and dollars to the industry. We are about to release our Investment Crowdfunding Genome Project. Using our 100% complete industry dataset, we rank the 30 best ecosystems in the USA for Investment Crowdfunding. You can take a sneak peek here if you'd like. This is another excellent way to source deal flow and uncover hidden trends.
Our managing partner, Sherwood Neiss, recently appeared on the Mapable Podcast and discussed D3VC. Feel free to listen to it here.
Thank you to those of you who have signed the documents! We are still waiting for a few more signatures before we call capital. So, we expect this to be a few weeks out still. Some of you have also provided us with some GREAT introductions. Please feel free to share our information with others and have me contact them. If you have questions about the docs, fund, or data, please schedule a Zoom with me. If you haven't signed yet, I'll follow up with another invite from Carta. We are wishing everyone a relaxing Memorial Day weekend.