What's Your Perspective on the Market?

Early stage companies are going to have to be very focused on that, i think, in order to continue to see funding over the next 12 months. But there are a number of larger companies who may well find that their valuations are r hampered if they can't articulate that story with real confidence. From our pers it's really important to make sure that you've got the run rate to be able to achieve what you'll set out to do with a company but also what you need to meet for the next funding round. I would say series a is the real battle ground at the moment.

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