As valuations fall, now more than ever, founders “must prove their company is built to last with long-term profitability and scalability in mind,” writes Russ Heddleston, CEO of DocSend at Dropbox.
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According to DocSend’s data, investors aren’t scanning pitch decks as seriously as they used to. However, there is still a market for early-stage offerings. “For founders now, pitch refinement, effective sales strategy and product urgency will create a strong foundation for success that attracts investors.”
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Crypto valuations ‘came back to earth’ in 2023, but VCs expect to rise again in 2024
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This year has not been good for crypto companies, but change may be on the horizon. Experts told Jacquelyn Melinek that crypto activity is likely to pick up again in 2024. “The drier funding climate of 2023 wiped out only the weaker businesses that managed to secure capital in 2021,” she writes.
Seed to Series A: Strategic insights for tech founders in the business landscape of 2024
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A new report from Forum Ventures offers a good look at the current state of early-stage B2B SaaS investments.
The data can be discouraging, “but the bottom line is that rounds are still happening and companies that find product-market fit should benefit from scaling up in what will likely be the next bull market in the coming years,” writes Forum Ventures CEO and Managing Partner Mike Cardamone.
