Day by Jay · 23 October 2026 · Industry Analysis

Every cycle is unprecedented, this one’s no different

Jackie DiMonte, Partner @ Grid

Venture capital cycles are cyclical by nature, but data suggests 2026 may mark a local funding maximum; the author models a 75% probability of downturn by end-2027 driven by macro shocks or AI lab failures, with distinct implications for mega-funds, micro-funds, and growth-stage companies.

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Topics: Venture Capital & Startups · AI (Horizontal)

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