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Venture capitalists invested a record $288 billion in the first half of 2021

Venture capitalists invested $288 billion in the first half of 2021, an all-time record, per Crunchbase.

By the numbers: Venture capitalists invested $140 billion into U.S.-based startups in the first half of 2021, anall-time record, per Ernst & Young. At that pace, the 2020 total should be surpassed in a matter of days.


  • Venture capitalists sold $232 billion worth of tech startups in the first half of 2021, an all-time record, according to 451 Research (a unit of S&P Global Market Intelligence).
  • 410 companies went public on the Nasdaq in the first half of 2021, an all-time record, partially driven by an all-time record number of SPAC listings.
  • Buyout activity in the first half of 2021 hit an all-time record, including a whopping $126 billion for North American deals in Q2 alone, per Preqin.
  • Global M&A in the first half of 2021 topped $2.82 trillion, as we previously discussed, an all-time record.

All of this feeds on itself. For example, lots of VC exits lead to lots of VC deals, both because of animal spirits and structural reasons like fund recycling provisions.

  • Plus, Preqin reports that there was an all-time record 5,248 private equity and venture capital funds in market at the start of July, targeting $900 billion. That would be on top of an all-time record amount of existing dry powder in PE/VC funds.

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Trump admin alums to launch 'Center for Election Integrity'

The America First Policy Institute, led by Trump administration alumni, on Thursday will announce a Center for Election Integrity, a nonprofit group it says will push policies in state legislatures to "help make it easy to vote, but hard to cheat."

Driving the news: CEI will hold a morning announcement event at Atlanta Metropolitan Cathedral, a nod to Georgia's swing-state status as a hotbed of election controversy.

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Activision Blizzard employees say HR department failed them

Following a lawsuit filed by California against Activision Blizzard, allegations of harassment, misconduct, and assault continue to emerge from people who point to the company's HR department as being part of the larger problem.

Why it matters: Sources say the company's culture favors a clan mentality and functioned under a broken HR department that undermined and discounted victims' experiences, and did not protect their identities.

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