As valuations decline, now more than ever, founders “need to demonstrate that 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 data from DocSend, investors are not examining filings as seriously as they did in the past. However, there is still a market for early-stage deals. “For today's founders, honing the pitch, having an efficient sales strategy, and scoping the product urgently will create a solid foundation for success that will attract investors.”
Thanks for reading and happy holidays!
Ask Sophie: Is it even easier for ai founders to get green cards?
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Dear Sophie,
I am interested in the Biden administration's efforts to retain ai talent in the United States. How does the administration make it easier for ai companies to sponsor employees for permanent residency? Will the number of green cards going to people in the ai field increase?
— All about ai
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Cryptocurrency valuations 'came back to earth' in 2023, but VCs expect them to rise again in 2024
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This year hasn't been a great one for crypto companies, but changes 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 only served to wipe out weaker companies that had managed to secure capital in 2021,” she writes.
Seed to Series A: Strategic insights for tech founders in the 2024 business landscape
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A new report from Forum Ventures offers a good look at the current state of early-stage B2B SaaS investing.
The data may be discouraging, “but the silver lining is that rounds are still being made and companies that find product-market fit should benefit from broadening into what will likely be the next bull market in the coming years.” , writes the CEO and CEO of Forum Ventures. Managing partner Mike Cardamone.
