Recession Run: BAce Capital advises founders to chase value, not valuation
Tech in Asia·2022-12-09 13:00
The funding winter is here. News of layoffs and troubles in startups have been cropping up. In this series, we talk to investors to suss out what opportunities they see, what strategies they’re implementing, and what areas of investment they’re looking at in the next few months.
As the global economic downturn continues, Southeast Asian startups are facing several challenges. Funding, for instance, has significantly slowed down over the last few months. Many startups need to realign their focus in order to survive, and laying off employees is one way to do that.……
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