🧵 1/ Is venture broken? It’s a question I’m hearing almost daily across the VC ecosystem – and as an LP, one I can’t ignore. We set out to find an answer by digging into the data. What we found was that, despite the expanding influence of mega-funds, dedicated Seed & Series A funds still have a very strong presence. Specifically, the data showed that both types of funds are actively leading priced rounds, resulting in one of the most competitive venture markets I’ve seen. ⬇️ ⬇️ ⬇️