May is over, along with the bull-market, which means the cost of capital has increased. This is relevant for ScaleUps who need capital: companies with efficient growth will command higher valuations, whereas in 2021, all growth was valued similarly. Against this backdrop, companies are evaluating the ROI on their activities and eliminating those with lower payback, along with implementing cash strategies to extend runway. Our blog provides some tips on how to do this.
To learn more about what we're seeing in the market, we invite you to join our webinar on June 8th, An Investor’s POV: Navigating Economic Uncertainty.