Get Ready For Consolidation in Over Funded Spaces
While it is difficult to predict what lies ahead for the hi-tech industry in 2023, it seems a certainty that the heady days of 2020 and 2021 – days when a due diligence process was measured in days or hours versus months, where massive multibillion-dollar super funds funneled money into broken business models, and growth was the only metric that mattered – are gone and won’t be returning.