2024 Startups Advised to Prioritize Real Numbers Over Capital Raising
January 2, 2024Investors are advising startups in 2024 to focus on achieving real numbers and not to raise capital unless necessary.
Lister Delgado of Idea Fund Partners suggests startups to not depend on external funding for survival.
Startups are advised to focus on developing a great product and acquiring paying customers instead of viewing funding rounds as a sign of success.
Authenticity in pitches is emphasized and startups should be selective in pitching to investors that align with their stage, domain, and geographic area.
Competition for capital in 2024 is expected to be high, with potential down rounds for some startups that previously raised at higher valuations.
More in-person meetings and potential adjustments in valuations are anticipated by investors.
2024 is projected to be a challenging year for startups.
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