End of the kumbaya days
It’s been a rough few weeks for the venture capital (VC) industry. Is this the end of the ‘growth-at-all-costs’ model?
22 May 2023
The recent collapse of Silicon Valley Bank (SVB) has cast the venture capitalist model in a new light, and it’s not flattering. At its very heart, it’s a model built on growth at any cost, which promises high returns to investors in startups. Those days may now be over.
Local venture capitalist Clive Butkow says with SVB’s demise and the current liquidity crunch, the growth-at-all-costs model has been ‘thrown out of the window’.
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