Web Summit Rio 2023: Summary of days 2, 3, 4.
SaaSHolic
MAY 5, 2023
There is a shift towards less capital-intensive startups with recurring revenues, and due diligence is crucial before taking on investors or advisors. 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.
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