TiE Seattle Annual Investment Outlook Panel 2023

The Investment Outlook panel 2023 was a great start to our year of programming and validating that so much of our community wants to stay engaged with us. A big Thanks to our moderator Taylor Soper and panelist Aviel Ginzburg, James Newell, Elisa La Cava, Sara Lindquist for sharing their energy with an insightful discussion. Here are the key takeaways from the discussion: · We have talked ourselves into a recession. Startup world is into one already. · Fed rates will continue to go higher as inflation is still not down to 2% target. · Terms of new capital are going to be worse than the previous round – Capital no longer cheap. · 2022 VC investment down 37% from 2021 – Entrepreneurs can’t rely on dumb money anymore. · Enterprises are still investing in B2B SaaS with 21% growth. · S/W is a productivity play and inflation resistance tool for Enterprises. · Panel investing in Climate Tech, Data Science & Life Science intersection, and Vertical SaaS. · Blockchain investing: Missing piece is how to drive value, mistrust in this space, Infra side is interesting. · Recession or not, innovation doesn’t stop. · It's still a good time to start a company if you are passionate and have conviction. · Seattle VC Ecosystem: We don’t need more VCs, we need more low-conviction angel investors. · Founder-VC relationship can last longer than marriage! Founders need to find a great (VC) partner, don’t restrict based on geography. · Hybrid work is not a universal positive for companies, they need to get back into the office. · Generative AI (ChatGPT) has interesting use cases, especially for implementation into an existing workflow to add value, moat defensibility is key. Thanks to our sponsors J.P. Morgan for their support. #ai #growth #blockchain #startup #b2b #innovation #founders #community #entrepreneurs