For the first time since 2005, the majority of fund managers surveyed by Bank of America said companies are spending too much on capital expenditures.

Private equity dealmakers are breaking geographic norms established over the past decade and looking beyond tech bubbles like Silicon Valley and New York.

The largest, most well-known technology stocks soared higher Friday on earnings. All are active M&A investors, raising hopes of further activity in areas like AI and self-driving.

Just 12 VC-backed U.S. companies have completed an IPO this year, including zero in tech. But wait. There’s hope. Twilio has filed as not just the first tech company, but also as the first unicorn since Square.

Alarmist headlines have recently popped up regarding the drop in venture capital suffered in 1Q. In actuality, more than $18 billion was invested during the quarter through venture deals in the U.S. alone, representing an uptick from capital invested in 4Q.

VC activity has slowed, to be sure, but does that signal that the “bubble” has burst? We don’t think so. Here’s a breakdown of overall capital invested in VC during 1Q, as it pertains to recent historical levels.

As 1Q comes to a close, we reveal the 10 most active venture capital investors of the quarter. Is VC investment slowing? Don’t tell these firms.

What will happen to early stage companies raising right now if VC money dries up and the economy drops? These companies went through that in 2009, and grew into major businesses.

Snapchat has reportedly raised $175 million in funding from Fidelity Investments, keeping its valuation at $16 billion. What happened to those markdowns?

Looking back on VC news, stories and social media musings throughout 2015, it becomes clear that certain trends, industries and ideas drove the narrative more than others. Here are the buzzwords of the past year in VC.

The venture industry has been debating about the “private IPO” trend in recent quarters, as growth rounds have largely replaced traditional IPOs as the preferred financing route for mature startups. What’s interesting, though, is that while growth rounds have largely replaced IPOs, IPO activity isn’t as weak as many suspect.

Did you know the ridesharing giant effectively increased its value by $120 million per day between financing rounds in June and December last year? $120 million. Per. Day.