News Rundown with John Ruffolo: 2023's Venture Dip, Rise of Zombie Firms, PE Trends in US/Canada, Foundry’s Shutdown, Founders’ Return, & AI’s Surge
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Listen now | Episode 179 Lots of news to discuss with John Ruffolo and Matt Cohen:(00:21) The significant downturn in venture capital, the early reset signs, and the impact of a conservative approach to business and fundraising in 2023, especially in Canada(02:09) The fate of companies that struggled to raise funds in 2023 and the shift towards supporting perceived winners and the inevitable challenges for "B" companies(05:29) Private equity's large market and diverse opportunities(06:48) Foundry Group's shutdown and the lack of structure for succession in VC(09:20) The effectiveness of CEO shakeups and the high-risk nature of founders returning to their companies, questioning such moves.(12:23) AI's explosive growth and why investing in foundational AI technologies is the best approach and the potential for major shifts in enterprise applications and cost reductions
News Rundown with John Ruffolo: 2023's Venture Dip, Rise of Zombie Firms, PE Trends in US/Canada, Foundry’s Shutdown, Founders’ Return, & AI’s Surge
News Rundown with John Ruffolo: 2023's…
News Rundown with John Ruffolo: 2023's Venture Dip, Rise of Zombie Firms, PE Trends in US/Canada, Foundry’s Shutdown, Founders’ Return, & AI’s Surge
Listen now | Episode 179 Lots of news to discuss with John Ruffolo and Matt Cohen:(00:21) The significant downturn in venture capital, the early reset signs, and the impact of a conservative approach to business and fundraising in 2023, especially in Canada(02:09) The fate of companies that struggled to raise funds in 2023 and the shift towards supporting perceived winners and the inevitable challenges for "B" companies(05:29) Private equity's large market and diverse opportunities(06:48) Foundry Group's shutdown and the lack of structure for succession in VC(09:20) The effectiveness of CEO shakeups and the high-risk nature of founders returning to their companies, questioning such moves.(12:23) AI's explosive growth and why investing in foundational AI technologies is the best approach and the potential for major shifts in enterprise applications and cost reductions