Amidst lower valuations and declining VC investments, the VC industry experienced a unique trend where early-stage startups gained more investor momentum than mature ones. This shift is due to cost-effectiveness and longer-term potential for early companies, while late-stage startups face funding challenges due to low reserves and high valuations. Oliver Libby anticipated a return of liquidity in the VC market, advising founders to control costs, prioritize quality, demonstrate a path to profitability, align with a purpose, and leverage existing investors for support.
In a challenging fundraising environment, we've successfully raised just under $25 million for our second CityRock fund. CityRock Fund II is focused on Series A investments in high-growth, impactful, and diverse companies. Our dedication to supporting underrepresented founder groups and companies with a positive impact on people or the planet remains stronger than ever.
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Do diverse founding teams have an impact on achieving unicorn status? Diversity fosters resilience, resourcefulness, and a broader talent pool, making diverse teams more effective.
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Cap Tables are a crucial and illustrative source of information about a company. For founders, the cap table can be used as a toolkit to create more supportive financing structures and more.
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