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Jason sat down with Steve Barsh , Managing Partner of Dreamit, to give founders relevant downturn strategies. Having been at the forefront of the dot-com boom, 9/11, and the financial crisis of 2008, Jason knows what it takes to survive this downturn. In fact, Jason started investing during the financial crisis.
How has this affected your edtech portfolio’s ability to grow, and how are you changing strategy? When it comes to workforce learning, we believe companies are taking a different approach than they did in 2008. It is important to acknowledge that this slowdown looks different from past downturns like the Great Recession. million U.S.
You can still finance hopes and dreams, but just with smaller dollars, and you’re generally going to give up a little bit more of your company in terms of dilution during an economic downturn, so I expect that to start happening as well in the next year. Who’s going to have a harder time in this new environment?
The companies pursued slight different strategies in the market. Both companies demonstrated very volatile sales efficiencies, which are probably more influenced by the macro economicenvironment than the performance of the sales teams. Company Revenue at IPO, $M Customers at IPO ACV at IPO, $k Year of IPO Years Since Founding.
2022: The Aftermath In 2022 war, inflation, rising interest rates and a tougher economicenvironment–one not buoyed by historically low interest rates–brought an end to the long-term bull market in assets (the “everything bubble”), including startup capital. Recovery from the 2008 Great Recession took two years and was relatively weak.
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