VC has seen a significant deceleration in search cycles since Q2 2023, slowing roughly 10% from 118 days to 130 days in just three quarters.

This slowdown is more pronounced when viewed against global executive search velocity trends, which remain flat YoY—and significantly faster than VC specifically—at a 106-day median.

This slowdown happens while the available VC talent pool has swelled in the wake of layoffs and shut downs, but it remains to be seen whether other factors (like backfills or new roles) are also driving this development.