Here On the eve of Thanksgiving in the United States, the beginning of this column spent a good part of the morning hunting for something to be thankful for on the ground.
Alternatives exist: The world has never been more software-centric, meaning that its core startup product is aligned with long-term macroeconomic trends. that’s nice. Consumers are also expecting more than expected in the face of rising interest rates and difficult-to-manage inflation. And despite the endless calls tomorrow and the day after, the key economies of technology continue to grow.
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Unfortunately, for many startups, the news is generally more negative than positive. For example, tech investment is falling, valuations are falling, IPOs are stalling, layoffs are rampant, and startups that have decided to stop fundraising due to depressed market conditions may grow at a time when valuations are short. (The good news version of this point is some beginners. He did Add in the previous quarters of the current tech-market slump, which turned out to be the right move!)
Forge’s November 2022 report — which shows the company is operating a secondary market for private-market technology stocks — shows that startups that have already floated this fall are garnering less controversy and achieving better overall valuations than their less diligent brethren. .
