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Fortune
Fortune
Maelle Gavet

Zombies, fire sales, and scrappiness: Here’s what venture capitalists can expect in their 'year of the dragon’

(Credit: Bruno de Carvalho - SOPA Images - LightRocket - Getty Images)

After a record-shattering 2021, the past six months have been bumpy for the venture capital industry. From FOMO-driven check-writing, we’ve entered a parallel universe of investor caution, steep valuation resets, and startups battling for runway.

Given the uncertainty plaguing the global economy–not to mention the absence of anything resembling a crystal ball on my desk–attempting to predict what will happen in 2023 might be considered reckless.

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