Assertion Contradicted AI assessment confidence: 98% certainty 4/5 debate potential 3/5

Over 90 percent of venture capital avoids true early-stage deals

Alex Bangash · 20VC: Why The Whole Industry Is Backward Looking, The Best Funds Are Entrepreneur Led and Venture Is All About Access with Alex Bangash, Founder @ Trusted Insight · Jul 20, 2016 · at 18:26

Alex Bangash, founder of Trusted Insight, analyzes capital deployment across the venture capital industry with host Harry Stebbings.

0:00 / 0:11exact quote · 11.6s

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“There was close to forty billion raised last year, 14, fifteen billion in Q-one. 90%, 90 to 95% of that Is not going into true early stage.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Between 90% and 95% of total venture capital raised in 2015 and Q1 2016 went to non-early-stage deals.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Data from PitchBook and the PwC/NVCA MoneyTree Report show that non-early-stage deals (expansion, late stage, and growth equity) received approximately 55% to 65% of total VC dollars invested in 2015 and Q1 2016, not 90% to 95%. Early-stage and seed/angel deals consistently received 35% to 45% of total capital deployed during this period.

PwC/NVCA MoneyTree Report data for FY 2015 indicates that Expansion and Late Stage accounted for ~64% of total dollars, while Seed and Early Stage accounted for ~36%.
PwC/NVCA MoneyTree Report data for Q1 2016 shows non-early stage deals accounted for 61.9% ($7.5 billion) of total VC invested, while Seed and Early Stage accounted for 38.1% ($4.62 billion).
PitchBook/NVCA Venture Monitor reports show Angel/Seed and Early-Stage VC consistently accounted for 30% to 44% of total VC dollars deployed during 2015 and 2016.

Checked against

[1] colorado.edu [2] nvca.org [3] kfw.de [4] inc.com [5] prnewswire.com [6] pitchbook.com [7] nvca.org [8] ssti.org

assessed as of 2026-07-23

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

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Alex Bangash venture capital

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Over 90 percent of venture capital avoids true early-stage deals

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