One of the nice things about European deep tech is it's pretty much always cheap. 🇪🇺 🦾 Sectors like SaaS, marketplaces, and fintech will end up taking a beating on valuations and funding in a downturn as they're the same that get the most overheated when money was abundant. Deep tech, particularly early-stage deep tech, is more insulated from market whims. https://lnkd.in/exjZi9u4 #venturecapital #vc #startups #entrepreneur #entrepreneurship #deeptech #valuations
Is that the same in other geographies - or only in Europe?
Nolan Gray
2y
Spot on 🎯
Erik Pouwen
2y
Perhaps now we are getting rid off the millinial bank 2001, banana order app 121 and speedy delivery service 20.029? Please, please!
Exactly my thoughts!
Cofounder & CEO chez ENTROVIEW | Intelligent battery monitoring software for gigafactories & mobility
2yAs a deep tech founder do I have to be happy to be protected from this market turmoil or angry because It means that we are already at the bottom Michael Jackson?