Guests: Charles Callahan, managing partner at Triangle Venture Partners, LLC and Jeanette Miller, assistant clinical professor of entrepreneurship and associate director of the Farrell Center for Corporate Innovation and Entrepreneurship at the Penn State Smeal College of Business.
Startup and new venture funding is having a moment. A quiet moment, as recession fears, a softening tech stock market and an uncertain economic future drive new investment capital to a screeching halt. A Crunchbase report reveals that in the final 3 months of 2022, startup investments in North America dropped more than 60%, compared to the same quarter in 2021. Industry analysts say this isn't a time to panic, but a time to pause and reassess. My guests today are here to provide us with access to what’s going on behind the scenes and how entrepreneurs can navigate the current shakeout.