Our managing partner Olav Ostin spoke to Sifted about how tech startups should approach pitching to investors during an economic downturn.
In this piece Olav shares some key insights into what VC’s are looking for in terms of growth, what sectors can offer the most resilience to economic volatility and the positive trends in tech despite the difficult market:
“VCs are now looking at profitable growth rather than growth at any costs — which was the name of the game in 2020 and 2021. Today, the objective for most companies is to become profitable with cash in hand or at least demonstrate a path to profitability, especially in a fundraising environment that is much more challenging than before. The time of companies generating losses, the size of revenue is over. Cash is king again; revenue growth has been deposed!”
Read more: Sifted
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