Teknovations Series: Investor Outlook 2
What’s the state of start-up funding? A lot has been written about the decline in available capital and the need for start-ups to preserve cash. How are the start-ups in your portfolio faring, and what are you expecting on the capital front for 2024?
Teknovations.Biz asks experts in investment what their view is on start-up funding in 2024, including our own Founding Partner Eric Dobson:
“The big surprise of 2023 was we only invested 20 percent of new capital in new deals. Capital was scarce in the market after the first quarter of 2023, so our portfolio companies came back to us for capital, and we were able to support them. Our portfolio companies fared well in 2023. I think both trends will continue into 2024. We will continue to support our portfolio first but will look to take advantage of what I believe will be a strong buyer’s market in 2024.”