Collision tech conference attendees filtering through the doors of a Toronto convention centre on Tuesday faced a scene that looked a lot like the pre-pandemic event, but an uneasy atmosphere hung over the crowd.
“The global venture capital market is really at a pivotal moment after coming off of 2021, where there was record deal value, record exit value generated and record fundraising,” said Kyle Stanford, a senior venture capital analyst at data company PitchBook. While local mask and vaccine passport mandates were dropped in time for the sold-out event, Collision CEO Paddy Cosgrave anticipated many would forgo handshakes and take advantage of an expanded event space, including a new outdoor area with meeting spots.
“It’s just unbelievable, so what does that all mean for the wider sector?” he said. “Is this a good time to start a company? Is this a bad time to be raising? Is it a good time to be an investor?” “None of them have said, `Oh, no, I don’t want to be asked the serious questions,’ but things have suddenly come up Crypto’s leading lights are unwilling to answer tough questions. They’re just running for the hills.”
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: CP24 - 🏆 30. / 67 Read more »