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#3: Mr. Beast's burger bust and will M&A ever return?

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Jun 23, 2023
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INSIGHT

Antitrust Is Cooling Startup Exit Markets

  • Antitrust enforcement is increasing and creates a long-term cooling effect on startup exits and acquisitions.
  • That reduces mid-market M&A and forces seed investors to seek companies that can survive and scale independently.
ADVICE

Plan For Standalone Survivability

  • Do plan for fewer safe exit routes and invest in startups able to generate sustainable cash flow and standalone value.
  • Prioritize companies that can survive on their own rather than rely on being acquired by a big tech buyer.
INSIGHT

LP Pressure And Venture FOMO

  • LPs face pressure to return cash and may shift allocations between public equities and venture depending on perceived AI opportunity.
  • Venture remains FOMO-driven, so top VCs and marquee deals still attract capital despite long-term uncertainty.
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