Sneak peek
of selected highlights
Biggest challenge
Reaching sales targets is by far the biggest challenge for finance professionals today
- 63% Reaching sales targets
- 46% Running out of funds
- 40% Fundraising
- 37% Economic downturn
- 8% Inflation
Down round predictions
The majority of finance professionals fear a down round is coming, although most have escaped it until now
-
10% Report they completed a down round in the past 12 months
-
47% Report it's more likely than not that their next round will be a down round
Team growth
The hiring slowdown will continue, as the majority of firms won’t actively grow their teams
- 21% Actively hiring
- 23% Downsizing
- 30% Backfills
Marketing Cuts
Marketing cuts are expected in next 6 months, making it more difficult to reach sales targets
42%
Expect Marketing cuts due to recession concerns
Stricter terms
More aggressive covenants are coming back into the picture
Executives at tech companies and startups are open to increasingly aggressive covenants from investors, terms that were practically unseen just a year or two ago. Power is shifting away from founders to investors and lenders, enabling them to dictate stricter terms in order to protect their interests in today’s unstable market economic environment.
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