Charting Form Ds to roughly see the state of venture capital “fund” raising

I think everyone knew, even without looking at any data, that startups were in a bubble thanks to Covid, when every "shoeshine boy" was studying to be a webdev at a start-up.

Like how many food delivery apps that are actually profitable can the economy handle?

The problem is usually not "there are 300 food delivery services" but "there are three food delivery services and they control the market".

It's restaurants that don't want to deal with 300 apps. They will pick the top 3 and call it a day.