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Arcane

Hey, I'm on Medial • 1y

ONE INTERESTING OBSERVATION SERIES DAY #8 In 2013, over 70% of funded founders had more than 10 years of experience. Fast forward to 2022 and 2023, and the landscape has shifted. Experienced founders (>10 years) now make up just under 40% of seed deals. Meanwhile, young founders (<5 years) have increased their representation to around 36% in 2023, up from 31% in 2022. Founders of all experience levels are now embracing entrepreneurship. With more entrepreneurs, the range of innovation has expanded. Our startups are no longer just copies of US business models. The sectors getting investment in 2022-23 show this change. While SaaS/AI and Consumer remain big, new areas like Space tech, Defence tech, and Climate are also growing. As early tech startups mature and public-private partnerships get stronger, experienced professionals are starting more new companies. The talent in SaaS and FinTech has improved a lot. B2B commerce is also growing as MSMEs digitize.

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