Welcome back to a new year with Behind the Money! We’re starting off by paying a visit to the New York Public Library to take a peek into the past. Some 300 years ago parts of Europe were in the middle of a financial revolution that quickly turned into a financial frenzy and then — a fallout. With help from the FT’s US markets editor Jennifer Hughes, we’ll learn more about the Mississippi and South Sea Company Bubbles, and what they tell us about today.  Clips from: NBC, CNBC, CBS News Music: Georg Philipp Telemann’s Overture-Suite in B-flat Major performed by Tempesta di Mare / The Philadelphia Baroque Orchestra - - - - - - - - - - - - - - - - - - - - - - - - - -  Learn how to visit the New York Public Library’s exhibit, Fortune and Folly in 1720.  - - - - - - - - - - - - - - - - - - - - - - - - - -  Further reading: Business trends, risks and people to watch in 2023 FT writers’ predictions for the world in 2023 - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Jennifer Hughes (@JennHughes13) and Michela Tindera (@mtindera07)  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we revisit one of our favourite episodes. After years of mega-deals and mega-money gushing into start-ups, venture capital fundraising hit a record-high last year. Now, the FT’s Richard Waters says the fundraising bonanza is over and helps us explore what that means for the future of start-ups.  Clips from Looney Tunes: ⓒ Warner Bros.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Venture capital’s silent crash: when the tech boom met reality Klarna’s valuation crashes to under $7bn in tough funding round Venture capital’s delayed rendezvous with reality - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Richard Waters (@RichardWaters) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.