Prob simpler to go for legal tech. All you need is a sketchy grasp of what NLP is, some thick rimmed specs, an adidas zip up top and a penchant for hanging around conferences with similar bellends.
B2B. Not profitable. Been torching cash for a while and the investors have said to the founders they need to get profitable. We did what lots of other tech companies did last year and then into this year.... hired like crazy and then realised we'd gone too far and so made people redundant.
VC are increasingly going to focus on profitability - b2b better positioned for this - B2C will struggle -> next raising rounds will involve substantial haircuts (see Klarna et al) and reality calls for many - expect major pivoting.
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Good call.
Unicorning soon 🚀💪🏼👍🏼
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🦄
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Prob simpler to go for legal tech. All you need is a sketchy grasp of what NLP is, some thick rimmed specs, an adidas zip up top and a penchant for hanging around conferences with similar bellends.
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already there on three out of the four tbf
used to have the adi too
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🤣🤣🤣 @ bananaman
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life sciences a better bet
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It's a young man's game. Full of start ups with loads of private equity, egos and many go the wall.
Try Adyen. Sounds like a proper business.
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In a FinTech at the moment and it isn't going well.... laying off 20% of the company.
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TO THE MOON!
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Jims - what’s the fintech play? Is it b2c? Key product? Profitability?
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B2B. Not profitable. Been torching cash for a while and the investors have said to the founders they need to get profitable. We did what lots of other tech companies did last year and then into this year.... hired like crazy and then realised we'd gone too far and so made people redundant.
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VC are increasingly going to focus on profitability - b2b better positioned for this - B2C will struggle -> next raising rounds will involve substantial haircuts (see Klarna et al) and reality calls for many - expect major pivoting.
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