Too Long; Didn't Read
The last few weeks have seen a significant shift in the fundraising atmosphere, and investors’ appetite for risk. Most of our conversations in the past few days are from European based investors, some of this may apply in the US. However, be prepared to be flexible, this is not the time to optimise for valuation at a higher level, allowing time to tick by. Things will get harder before they get easier. It may not feel like it was but it needs to demonstrate that you have a path to revenue.