Are things as bad as they seem in the startup world?
We’ve previously written about the tech sector’s mass layoffs, as well as the post-covid startup landscape. The verdict still holds – this is more of a correction than a collapse.
2023 was undoubtedly rocky for the startup world. There’s a widely known saying attributed to Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family that “the time to buy is when there’s blood in the streets” to which Warren Buffet has added: “Be fearful when others are greedy and greedy when others are fearful.” Both of these hold true in traditional and angel investing.
But is there blood on the streets yet? And if so, how does this affect angel investing?
As we’re nearing the end of Q1 2024, let’s take a look at whether the economic downturn and high inflation are good news or bad news for angel investors