Eileen Burbidge - Partner @ Passion Capital and Director @ Fertifa
Riding Unicorns: Venture Capital | Entrepreneurship | Technology
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Is the Market Changing Right Now?
The market has changed a little bit in the last 12 to 18 months. Have you seen any direct impact on pre-seed valuations? Yes. I think that even pre-seed rounds, the valuation is much lower than it would have been in 2021 and even in 2022. Most venture funds are advising their companies to make sure that they have three years of runway.
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