“The last year has been a tough time to be a public or private tech investor or tech company CEO. We have spent a lot of time discussing the quantitative elements that have contributed to a pretty depressing environment for investors and operators – low gross margins, high burn rates, rising interest rates, high inflation, lower public market multiples, and concerns about the direction of the economy. These are all very quantitative, economic measures of our current malaise. From my vantage point, we have not spent nearly enough time talking about how feelings and emotions are impacting the current malaise.” – Charles Hudson Read more here.
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