Venture Capital Has Exploded Since 2013

I don’t really have anything insightful to say about this, but I thought today’s chart in the Wall Street Journal about the origin of venture capital money was interesting:

The gist of the story is the rise of Asia, but really, the bigger story is simply the rise of venture capital. In 2004, total venture capital investment amounted to about $30 billion. Since then it’s grown at a rate of 13 percent per year. But most of that growth is in just the past four years: venture capital has exploded since 2013, increasing from $50 billion to $150 billion. So are we in the midst of another dotcom bubble? I report, you decide.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

payment methods

We Recommend

Latest