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  • ๐Ÿš€ The 2024 Tech Market Forecast ๐Ÿ’น

๐Ÿš€ The 2024 Tech Market Forecast ๐Ÿ’น

PLUS: Trending Tools โš’๏ธ

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  • The 2024 Tech Market Forecast ๐Ÿ’น 

  • Asteroids โ˜„๏ธ

  • Trending Tools โš’๏ธ 

The 2024 Tech Market Forecast ๐Ÿ’น 

Happy new year folks!! Welcome to our journey through the galaxy of private market predictions for 2024!

We're looking at a potential "Mass Extinction" for startups. Some predict a major industry reset on the horizon, with two-thirds of startups running low on cash. It's not all doom and gloom, though โ€“ this could mean a talent gold rush for new companies.

In the venture capital world, a shift in power dynamics is expected, favoring Limited Partners (LPs). The trend might lead to smaller fund sizes compared to previous years.

On the private equity front, a slowdown in fundraising activities is anticipated. Firms may focus more on restructuring and reevaluating their investment strategies in response to broader economic challenges, with an increased use of NAV loans for value creation in their portfolio companies.

The IPO landscape could see a mix of companies opting for private markets over public listings, with a few daring to go public before mid-year. Expectations are high for a surge in venture-backed IPOs in the coming years.

And for a lighter note, there's a quirky prediction about the return of cargo pants, symbolizing a change in trends.

Overall, a shift towards more positive news in the tech world is hoped for.

โ˜„๏ธ Asteroids โ˜„๏ธ

Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down. ๐Ÿ˜๏ธโŒ 

Countdown Capital, an early-stage venture capital firm focused on hard tech industrial startups, will shut down by the end of March and return uninvested capital. ๐Ÿ’ฐ๏ธ๐Ÿ” 

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