Forbes December 10, 2024
Affinity‘s Co-Founder, Ray Zhou, wants to bring relationship intelligence to the world because every opportunity begins with a relationship.
Venture capital (VC) deal-sourcing today is tough, and a new approach is needed. Crunchbase reported a broad slowdown in both funding volume and number of deals announced in Q3 2024, continuing a trend that has been playing out since VC mania reached its peak in 2021.
Since then, the macroeconomic environment has turned. Even as fears of a recession fade, investors have become far more conservative (shifting their focus from hype and growth-at-all-costs to companies with strong fundamentals and durable long-term growth), and the average time for due diligence has risen as investors reset their portfolios with investments that meet much...
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