What are the approximate number of Global Venture Firms forecasted by the end of 2023?
By my estimates, this number can range from 30,000- 45,000. There are a multitude of variables to consider.
There is no hard data on this because most of the filings are done at a fund level, instead of at the Firm level. A firm will often manage a family of funds. VC Lab estimates that ~9,500 new VC firms will launch within 5 years.