The last few years have been a bit of a rollercoaster for tech entrepreneurs and investors. The highs were high, the lows were low, and the future seemed uncertain. Luckily, Vintage Investment Partners, an Israel-based fund of funds and growth investor, shared a series of graphs posted by Asaf Horesh (links at the bottom of …
Continue reading “The VC shakeup 2020-2024 and what’s ahead”
“If Opportunity Doesn’t Knock, Build a Door.” Milton Berle At the moment of publication of this post, over 95,508 tech employees from 308 companies were laid off since the beginning of 2023 according to Layoffs.fyi. And it’s only February. In Israel, the market I actively invest in, the number stands on 2,000. Layoffs are unfortunately …
Sharing five links that caught my attention this week as we all deal with information overload.
Tech is entering a downturn. After a 13 year bull market run, anywhere you look in the stock market these days, it’s mostly RED. The tech companies that have been stock market darlings, breaking new records, are struggling, many missing analysts expectations. Rising inflation and interest rate hikes, growth in debt to GDP ratio, the …
Continue reading “Advice for startups in a downturn (May 2022 Edition)”
11 years ago Sequoia released the “RIP Good Times” Presentation. With the financial crisis meltdown, it was clear that “winter is coming” for startups. Even though VCs are sitting on large cash reserves, many economists indicate a slowdown in 2020, so it’s prudent to prepare for winter. So, is if it’s business as usual and …
The Eurozone is in crisis – GDP numbers point to the worst recession since 1999 and major economies are shrinking. That said, the startup ecosystems are growing and have lot to be optimistic about. I urge founders to also consider the good news and take on a more positive outlook based on “this is water”‘ by David Foster Wallace.
This year alone, the Dollar dropped 20% against the Shekel, causing startups to run out of money quicker than what they expected. In the article “Start-ups stuck in winter doldrums“, Globes interviews Erez Shachar, a managing partner at Evergreen Venture Partners, and touches on the influence that the weakening of the dollar (hence the strengthening …
Continue reading “The Impact of the Dollar Devaluation on Israeli Startups”
