Even Stripe — whose success no one questions — hasn’t fully rebounded to its 2021 $95 billion valuation as of a big secondary transaction that took place in July. Although it did climb back to $70 billion by then.

But despite this kind of gloom, late 2024 stats are full of good news, too. For instance, new data from Crunchbase shows a downright boom in megadeals — funding rounds of $100 million or more.