| Hi, Agen. Startups are buying fewer startups these days. In fact, Crunchbase data shows we’re seeing the lowest level of startup M&A deals since 2017. That’s despite some presumably great bargains to be had — after all, many venture-backed startups have seen their valuations fall dramatically in recent years. We look at why so few startups are buying their rivals and peers these days. And speaking of shopping, grocery deliverer Instacart made its long-awaited Nasdaq debut yesterday, potentially opening the door for a long list of other highly valued startups to follow. This year is on pace to be one of the slowest ever for VC-backed startups buying other similarly backed startups, Crunchbase data shows. So far in 2023, startups have consummated just over 200 such transactions, putting this year on pace for the lowest number of deals since 2017 and just below 2018 and 2020 numbers. We look at what’s driving the slowdown — and what startups would need to see to start opening their pocketbooks again. Related Crunchbase Pro list: Startups Buying Startups Grocery delivery platform Instacart went public on the Nasdaq yesterday, less than a week after chip designer Arm Holdings did the same. The offerings could prompt some of the unicorns in the massive stable of highly valued late-stage startups to dust off listing plans after a nearly two-year IPO pause. Related Crunchbase Pro list: Startup IPOs of 2023 Funding to Israeli startups is down. So is cybersecurity funding. Startup valuations are too. No matter, says Tel Aviv-based cloud security platform Cato Networks, which announced Monday that it had raised a fresh $238 million round led by Lightspeed Venture Partners at a valuation of more than $3 billion. Can you compensate a person who helps with a capital raise or sale of your business? The question that comes up often during negotiations has a resounding answer of maybe. Eric R. Smith and Yair Y. Even-Tal of Washington, D.C.-based law firm Venable LLP lay out the dos and don’ts of working with a business “matchmaker.” Already, reports estimate that thousands of jobs have been lost to AI this year, and many more are expected to be rendered obsolete as artificial intelligence continues to take hold. But the technology is also a force that can help those who know how to use it work better and more efficiently. SnapLogic CEO and Chairman, and former Informatica CEO Gaurav Dhillon shares two essential skills knowledge workers need to survive in the AI era. | 
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