Was the Future Fund a failure? It's too early to tell

Remember when the Covid pandemic began? It was both a mere 4 years as well as a lifetime ago.

I also remember thinking about how many businesses, mainly young startups, were going to be forced into closure as the confluence of events meant that investors were sitting on their hands, not willing to put more capital at risk whilst, at the very same time, supply lines were closed off and revenue streams had halted as customers retrenched. Spending stopped as the world entered uncertainty.