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Published 2 years ago

Dragoneer Breathing Less Fire As Venture Market Cools

Summary by Ground News

Dragoneer, which counts companies such as Alibaba, Slack and Uber among its previous investments, significantly ramped up its investing pace in 2021. That year, the San Francisco-based firm took part in 80 different announced fundraisings, with those rounds totaling a whopping $28 billion. This year has presented a very different story. The firm has dramatically pulled back as the venture market has continued to slow every month.

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Dragoneer Breathing Less Fire As Venture Market Cools

Dragoneer, which counts Alibaba, Slack and Uber among past investments, has dramatically pulled back this year, with only 21 deals.

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