The State of Venture

Venture capital has moved from a broad-based bet on innovation to an increasingly narrow one, with a handful of frontier AI companies now absorbing most global investment. Opportunities are emerging well beyond Silicon Valley, even as female and minority founders continue to be significantly underfunded despite evidence of stronger returns. This conversation takes a global view of where capital is flowing next, from who gets funded early to which regions and sectors are poised to define the next wave of growth Terri Burns, Founder, Type Capital Meena Flynn, Chair, Global Private Wealth Management; Co-Head, One Goldman Sachs, Goldman Sachs Laela Sturdy, Managing Partner, CapitalG Kristin Stoller, Editorial Director, Fortune