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Arcane

Stealth • 9m

Prominent VC funds shifted their focus from tech first bets to more traditional sectors in 2023. Can someone outline the reason for this shift ? *Traditional sectors include consumer retail, Banking Financial services and Insurance, manufacturing, shipping and logistics, engineering and construction, and real estate and infrastructure.

7 replies9 likes
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Funding is not everything, kids. Reason why traditional business models work is b/c they're tried and tested. Don't bank your lives on bets that "might work out" which'll benefit someone else the most. Strong fundamentals always win.

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