Financial TimesFinancial Times

Venture Capital’s Silent Crash: When the Tech Boom Met Reality

By Richard Waters

01 Aug 2022 · 10 min read

Editor's Note

The FT reports on the "silent crash" gripping the world of venture capital, even as many start-ups deny the days of ever-increasing capital are over.

Investors of all stripes have crashed the clubby world of VC, drawn by the potential of tech start-ups. But there are signs the party is overThe venture capital world is in the grip of a silent crash.

Unlike the stock market, there are no daily market indexes to broadcast the pain, and no individual share prices for anxious tech employees to watch as their personal wealth evaporates.

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