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CTalk

"Make sure you have leeway to continue and operate for the next couple of years"

Yael Schiff and Ariel Sterman, Investors at Bessemer Venture Partners, have some advice for tech startups and talked about the healthy aspects of the crisis

Noa Gadot | 13:24  03.07.2022


“Yes, there will be continued down rounds, there will be companies that fold, there will be companies that sell for far less then the amount they had initially raised and that is a negative thing but ultimately I think that its a positive impact in the market," stated Yael Schiff and Ariel Sterman, Investors at Bessemer Venture Partners, speaking to CTech at Calcalist and Discount Bank’s Unicorns Forum.

Yael recommends for companies to “make sure that you do have leeway and the ability to continue and operate for the next couple of years and as you plan also think how you do that in an efficient and healthy way and set the ground for the long term.”

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You can watch the entire exchange in the video above.

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