The Latest Breaking News from PitchBook

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Legal tech firm Farewill has seen its valuation slashed by more than £50 million by one of its major shareholders, the Standard has learnt, amid growing signs European tech firms are struggling to hold on to the heady valuations they attracted during the height of the pandemic.

According to data from PitchBook, VC investments in crypto companies witnessed a staggering 68% drop in 2023 compared to the robust figures seen in 2022.

Many market intelligence researchers have become reliant on AI to do their jobs—it could be a sign of what's to come across the economy.

Valuations of European tech firms continued to decline in the third quarter, figures out today show, as start-ups battled for survival amid weaker consumer sentiment, scant venture capital investment and slower growth.

PitchBook data shows that seed and pre-seed fundraising have been resilient to the downturn.

Silicon Valley overshadows its transatlantic rivals. But as artificial intelligence grows – and with a global summit on it this week – some think it could offer a Euro startup the chance to become a new Google

In an interview with Term Sheet, Representative Mike Gallagher said that these letters to venture capital firms were just the beginning of the Committee’s investigation.

The private markets data provider is angling to provide more resources for LPs to rank VCs.

President Eric Wittman will step into the top job while cofounder Joel Flory will become executive chairman for the app, famous for the "VSCO girl" trend.

Sixty-two major North American sports teams, valued at $179.7 billion, have connections to PE.