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Predictions for 2023: Live from Money20/20
Fintech Business Podcast
FinTech and Investing Climate in 2023
The macro topic takes into our second prediction category which is VC and investing climate. As you mentioned the interest rate environment has very quickly ratched it down valuations on public market companies. Former darlings like a firm like Klarna, I don't know if I'm supposed to be naming names here, saw their valuations drop precipitously and very quickly. And when you think about FinTechs today many of them are not profitable but for most it will probably take longer than 2023.
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