Looking to Connect with a Silicon Valley Venture Capitalist? Checkout TiEcon 2023’s ‘VC Connect’ Program

milestone TiEcon 2023, VC Connect, Venture Capitalist

Author: Ashok Shanmugam, Co-Founder & CEO, Connect2Investors

According to AngelList, ‘FinTech, Web3, HealthTech, Enterprise, & AI/ML’ are the most popular sectors based on the Deal Share in 2022 and ‘FinTech, Web3, HealthTech, BioTech, SaaS, & AI/ML’ are the most popular sectors based on the Capital Deployed in 2022.

VC Connect is your opportunity to get valuable and timely feedback from seasoned Silicon Valley venture capitalists. These VCs have invested in and helped grow startups from the earliest stages to exit. Their expertise spans AI, Generative AI, Blockchain, Web3, Security, Cloud, Enterprise Applications, and more.

According to a recent PitchBook report, VCs have steadily increased their positions in generative AI, from $408 million in 2018 to $4.8 billion in 2021 to $4.5 billion in 2022. Angel and seed deals have also grown, with 107 deals and $358.3 million invested in 2022 compared with just 41 and $102.8 million in 2018.

OpenAI has a market valuation of US$29 billion. The company’s 2023 revenue is forecast to reach US$200 million, and it is expected to reach US$1 billion in 2024.

According to Preqin data and SVB analysis, in 2022, record $289B of dry powder in the US Startup ecosystem, with $117B committed to funds focused on early-stage, $37B committed to funds focused on late-stage, and $135B committed to funds focused on general.

Entrepreneurs can seek personalized guidance and timely feedback on company-building topics like Team, Execution, PMF (Product Market Fit), GTM (Go-To-Market), Bootstrapping, Scaling, Growth, and Fundraising. Our VC Mentors can provide guidance and invaluable insight that can take your startup to the next level, and, in the long run, that can be worth more than the funding.

More info on VC Connect HERE