In episode #2530, Eric and Neil discuss how a big VC firm shows where the economy is at (and how this will affect your growth big time!). The end of free money is over and we’ve entered a period of rational valuations, innovation, and profitable growth, which has huge implications for marketers. Tune in today to hear how to approach fundraising, hiring, and investing to help your business thrive in the current landscape. Hint: efficiency is key!
TIME-STAMPED SHOW NOTES:
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[00:00] Today’s topic: Big VC Firm Shows Where Economy Is At (and How This Will Affect Your Growth Big Time)
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[00:56] Companies that make up the ‘Magnificent Seven.’
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[01:01] How most companies are faring economically compared to the ‘Magnificent Seven.’
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[02:00] Elements that characterized the era of free money.
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[02:20] Factors that indicate the end of the free-money era, and what this means for marketers.
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[03:08] The importance of prioritizing the hiring of high-quality team members.
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[04:40] How business leaders approach growth differently in good and bad markets.
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[05:13] An overview of the current fundraising, hiring, and investment landscapes.
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[05:46] The key players that business leaders should be hiring right now
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[06:29] A story that epitomizes the current business environment.
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[08:19] Memorable quotes on pivoting from some of the world’s top business leaders.
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[08:46] That’s it for today! Don’t forget to rate, review, and subscribe!
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