Fundraising in a Downturn? 📉 - Brighteye Guide
👋🏽 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 (recession 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.
🧭 So we created a high-level guide, looking into:
▪️ Current macro situation/public markets
▪️ Private Market & VC impact
▪️ What does this mean for your fundraising and spending strategies in 2022-23?
▪️ How to think about costs & reducing burn (if necessary)
▪️ A few positive things about the current situation