What gloom? Data show it’s still a great time to build a SaaS startup

On the heels of news that the U.S. venture capital market’s third quarter was far from catastrophic, it’s becoming clear that while startup investment has slowed, it’s still a great time to build a software company.
Thanks to a new sheaf of data from SVB, we can see quite clearly that the macro picture for IT is robust and venture capitalists have an ocean of capital to put to work. The combination appears to be supporting investment into software startups — software as a service, or SaaS, in the modern context — that will make 2022 the second-best year on record in the Unite

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