Charlie Taylor: can Irish start-ups survive tech’s predicted ‘mass extinction event’?
With a projected 39 per cent decline in capital investment in European tech firms this year, early and mid-stage companies are at risk
Recent months have been marked by tech companies facing down rounds with investment being brought in at lower valuations, hiring freezes and redundancies.
That may be about to change though if the smoke signals coming from Silicon Valley are to be believed – and not for the better.
After raising ridiculous amounts of money in the years up to 2021 on the back of low interest rates, it would seem that many start-ups now face ...