As a founding partner at FML, I have more than 25 years of experience providing audit and advisory services to a broad range of clients. But I also lead the firm’s Emerging Companies and Venture Capital audit practice, so I’m uniquely in tune with the current climate for startups.
I co-authored an article for Crunchbase along with Full Scale founder and CEO Matt DeCoursey, who also knows a thing or two about startups. Here’a short excerpt, but read the full article in Crunchbase.
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As we approach the halfway point of 2023, the big investment checks of 2021 are starting to be pretty far in the rearview mirror. Investment activity remains sluggish, and an increasing number of startups are in need of additional funding to continue.
Although it may be flowing less freely than it was two years ago, money is still out there. The same conditions that make it rough for companies are actually great for venture capitalists who are looking to buy. They can invest in more companies at a lower price point for their equity. …