GeekWire: The great startup reset: Why founders should prepare for lower valuations

IWT Research February 1, 2023
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The great startup reset: Why founders should prepare for lower valuations
2022 01 28
https://www.geekwire.com/2022/the-great-startup-reset-why-founders-should-prepare-for-lower-valuations/

The S&P 500 is down more than 10% since the beginning of the year, putting it into “correction” territory. The NASDAQ is down almost 15%, but the carnage among growth technology stocks is concealed by the relative outperformance of the trillion-dollar “Big Tech” behemoths. Recently, high-flying tech stocks like CloudFlare, DocuSign, Shopify, Twilio and Zoom are all down over 50% from their highs last year. The seamier end of the investment playground — including meme stocks, speculative cryptos and SPACs — has been crushed. Growth stocks — which emphasize revenue now, profits TBD — are very sensitive to interest rates. Days… Read More

Categories: Valuations

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UKTN | UK Tech News-UK interest rate hike kills era of cheap money for startups

The Bank of England has raised interest rates by 0.75 percentage points to 3% in a bid to tackle inflation. It’s the highest interest rate since the 2008 global financial crisis, the biggest hike since 1989 and will have ramifications across the entire British economy. For tech startups, it underscores that the era of cheap […]
The post UK interest rate hike kills era of cheap money for startups appeared first on UKTN | UK Tech News.

IWT Research February 1, 2023

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