This week, we revisit one of our favourite episodes. After years of mega-deals and mega-money gushing into start-ups, venture capital fundraising hit a record-high last year. Now, the FT’s Richard Waters says the fundraising bonanza is over and helps us explore what that means for the future of start-ups.  Clips from Looney Tunes: ⓒ Warner Bros.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Venture capital’s silent crash: when the tech boom met reality Klarna’s valuation crashes to under $7bn in tough funding round Venture capital’s delayed rendezvous with reality - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Richard Waters (@RichardWaters) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.