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Diligence Makes A Comeback
Since the NASDAQ peaked in November 2021, tech valuations have declined precipitously, IPOs have ground to a near halt, and venture dollars deployed fell 30% year over year in 2022. In private equity and venture capital, the pendulum has swung from being a founder-friendly atmosphere moving along at a frenetic clip, to that of a slower pace with longer diligence cycles. 2023’s investor-friendly dealmaking enviro