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Digitial Media investment boom has gone bust

August 17, 2021

Venture capital investment in digital media has plummeted in the U.S., down to $115 million so far in 2021 from more than $1 billion in 2015. The number of deals has also significantly decreased. One reason for the decline: Investors are no longer willing to wait for major returns, which can take years to materialize. At the same time, some digital media companies that had significant funding some years ago are now looking to go public through SPACs (Special Purpose Acquisition Companies).

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