Fundraising in a Downturn? π - Brighteye Guide
ππ½ Dear all,
We hope you are having a good week, so far!
Our portfolio founders have asked us about what is happening in the broader market (recessionΒ or not?) and what the prospects are for fundraising in this environment.
In short: Fundraising has become more challenging and is likely to remain so for some time.
While we don't have a definitive answer on how to navigate this, we think it's important for all Edtech (and beyond) founders to understand the reality of the present situation.
π§ So we created a high-level guide, looking into:
βͺοΈ Current macro situation/public markets
βͺοΈ Private Market & VC impact
βͺοΈ What does this mean for your fundraising and spending strategies in 2022-23?
βͺοΈ How to think about costs & reducing burn (if necessary)
βͺοΈ A few positive things about the current situation