as unprofitable young companies cut costs to preserve cash. Inflation, rising interest rates and a worsening economic outlook have contributed to a slowing of venture capital investment and a reset in valuation expectations.
Mr. Gopal said the “the pipeline is robust and full” of promising startups. “Most funds are sitting on their hands and waiting; we’re taking the opposite approach – we’re leaning into the market and looking for opportunities and engaging with startups,” he said. Ms. Dirks described herself as a generalist who enjoys moving between roles to “reshape a business, or take out costs or grow or launch something.” She said she has enjoyed the variety and dynamism of venture capital since joining Framework in 2021, initially as an executive in residence.
Source: News Formal (newsformal.com)
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