Relating to tech, it's definitely significantly harder to raise series A and beyond then it was a year ago. Seems like a lot of companies aren't getting the next round they were expecting to and as a result there's been a focus on building profitable businesses rather than investing hard in just user growth (eg. snapchat).
You can see this trend by the significant uptick in acquisitions and layoffs lately... If founders can't raise they have to look for an exit or downsize.
Feels like the market is still pretty spooked from oil and China in Q1 and then Brexit in Q2. Will be interesting to see what happens next!
You can see this trend by the significant uptick in acquisitions and layoffs lately... If founders can't raise they have to look for an exit or downsize.
Feels like the market is still pretty spooked from oil and China in Q1 and then Brexit in Q2. Will be interesting to see what happens next!