Web Summit Rio 2023: Summary of days 2, 3, 4.
SaaSHolic
MAY 5, 2023
The cost of capital has gone up, and digital markets have returned to normal market sizes, leading to a new environment of lower valuations and less money in the market. Startups should be cautious about their cash position, focus on capital-efficient business models, and adopt a global mindset to compete on a global scale.
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