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Venture industry raised 738 billion last quarter more money than in any other previously announced three-month period and more than the total for most full years. After churning out 500 original programs last year Netflix is looking to add fewer new titles and focus more on quality while reining in spending Streaming service spent lavishly on productions to win subscribers but now growth has slowed For Netflix Inc NFLX -347 the era of carefree spending is over.
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PitchBook and NVCA data.
. US VCs raised 738B in Q1 2022 and invested 707B across 3723 startup deals down from 77B invested across 4282 deals in Q1 2021 The US.
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