Venture Down Rounds

Lots of interesting VC data based on actual closed deals from Silicon Valley law firm Fenwick.
One of them, pictured, is the percentage of down rounds which have gone up but not much yet.
Although up rounds might be in name only.
Here is a summary of the most interesting data points.
In a few words, things are worse than 2021 but not by that much, things are still way up from a few years ago.