Venture capital was comparably easier to come by during the pandemic than today. VCs are now realizing what works and what does not in this vastly fragmented industry.
The VCs are running scared from the bloodbath that happened in 2022. The inflated valuations of many non-profitable startups (which continue to be non-profitable) and the idea of growth at the cost of profits has taken a justifiable toll on the confidence of the VCs. It'll take some time to nurse them back into a 'healthy risk taking' cycle. In the oft repeated adage "Logistics win the wars and not tactics". Similarly, the businesses are also logistics dependent. Efficiency of logistics can be ignored at 'heavy' costs to all the stakeholders in a supply chain. There is always scope for improving the delivery of goods to the user and efficiencies will become more important even during egregious economic situations; especially during such circumstances. Let's see how much time it takes for some of the smartest people in the world to "see the light". We're waiting!
The VCs are running scared from the bloodbath that happened in 2022. The inflated valuations of many non-profitable startups (which continue to be non-profitable) and the idea of growth at the cost of profits has taken a justifiable toll on the confidence of the VCs. It'll take some time to nurse them back into a 'healthy risk taking' cycle. In the oft repeated adage "Logistics win the wars and not tactics". Similarly, the businesses are also logistics dependent. Efficiency of logistics can be ignored at 'heavy' costs to all the stakeholders in a supply chain. There is always scope for improving the delivery of goods to the user and efficiencies will become more important even during egregious economic situations; especially during such circumstances. Let's see how much time it takes for some of the smartest people in the world to "see the light". We're waiting!