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Hey I am on Medialย โ€ขย 5m

May slowed down. Deal value dropped to $22.5B, down from $25.8B in April. Thatโ€™s also around 34% lower than May last year. But YTD still ahead - $161.5B raised so far compared to $129.5B by this time in 2024. So thereโ€™s movement.. just more cautious. 1) What stood out: โ€ขTMT(tech/media/telecom) continues to lead - $7.4B raised across 373 deals โ€ขApplication software was the busiest subsector with 193 rounds 2) Mega-rounds havenโ€™t stopped: โ€ขAcrisure - $2.1B (Bain Capital) โ€ขHUB International - $1.6B โ€ขGrammarly - $1B from General Catalyst 3) Accel and Khosla were two of the most active firms - each jumped into 12 deals in May 4) Some serious capital still chasing AI and infrastructure bets But overall: โ€ขLPs and GPs are pacing their moves โ€ขAIโ€™s still hot, but most of the cash is flowing into the top 1% โ€ขCorporate VCs are still active - driving nearly half the global deal value so far this year Feels like AIโ€™s soaking up all the attention while the rest of the market stays quiet.

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