The early conference season - a recap

Ryan Schreiber - Chief Growth Officer - Metafora - Austin, TX

What did you learn?

• A lot of optimism about the second half.
• A lot of talk about continued investment in tech
• Seems to be the consensus that rates are close to the bottom.
• Everyone reminding everyone that the cycle is just returning to normal

What were the key themes of the conferences?

• Given it’s a bank in conference, lots of conversations about M&A. A few things that I saw
• Lots and lots and lots of strategies better looking to do add-ons over the next 6-18 months.  If you’re a $2M-$15m ebitda business there are lots of prospective buyers.
• Private equity firms are being cautious about what day B deploy. Those that are early in their investment cycle or invested heavily, those that are later stage are pulling back given the current rate environment.
• Resetting expectations but Optimism nonetheless
• Impact of next gen tech - ai and autonomous (when not if)
• Driving insights to customers
• Still an appetite for M&A

Key takeaways from the events?

• Conflicting views on 2023 outlook
• Resetting expectations

What are you most excited about coming out of BGSA?

• The desire to explore more newer applications of tech in theri business.
• Critical mass of tech adoption
• Tech is not about replacing people it’s about doing more with the same about of people

Learn more about your ad choices. Visit megaphone.fm/adchoices