Future of Capital Allocation
Your weekly newsletter on the fast-evolving world of investing

The VC downturn persists, but the economy is seeing glimmers of hope — from an upswing in private equity to the unrelenting growth of AI. AI startups brought in nearly £15 billion in global funding in Q3, soaring 27% from last year, and GenAI startups made up 60% of newly minted unicorns.
How soon will AI take over investing?
Issue 13 • Published November 2, 2023


The VC downturn persists, but the economy is seeing glimmers of hope — from an upswing in private equity to the unrelenting growth of AI. AI startups brought in nearly £15 billion in global funding in Q3, soaring 27% from last year, and GenAI startups made up 60% of newly minted unicorns.
Europe’s unicorns, mapped
Issue 12 • Published October 25, 2023


Tech VC funding is down 57% year-on-year in the UK. We’re seeing the effects ripple across this week’s news — from the rise of spinouts over IPOs, to the pressure founders are facing to pay investors for taking a board seat.
Male founders & VCs are getting rich from AI. What about women?
Issue 11 • Published October 19, 2023
