Silicon Valley Collapse, UK Tech Funding and Cyber risks: Navigating the crisis

Trachet has been very active over the past few weeks. Claire Trachet, our CEO, has been invited to share her insights and expertise based on her experience with startup founders, investors, and corporates. Here are some of our features in the press and advice to startup founders:

CNBC:

In an interview with CNBC, our CEO, Claire Trachet, discussed the impact of the AI race on the mergers and acquisitions market. She predicts that the increasing competition between countries to develop AI technology will lead to a flurry of M&A activity in the sector. She also notes that the M&A market for AI companies is already heating up and suggests that this trend is likely to continue.

Read the article here: https://www.cnbc.com/video/2023/02/15/ai-race-expected-to-bring-flurry-of-ma-trachet-ceo.html

Tech Funding News:

Claire offered her perspective on what the UK budget means for the tech industry. She highlighted the government's focus on supporting innovation and entrepreneurship, including the introduction of a new tax credit for R&D spending. She also cautioned that startups should pay attention to changes in the tax system, including the introduction of a new digital services tax.

Read the article here: https://techfundingnews.com/uk-budget-what-it-means-for-tech/

FT Adviser:

Trachet spoke about the importance of breaking down bias to support female advisers in the industry. She highlighted the need for mentoring and sponsorship programs to help women advance their careers in finance and emphasized that more needs to be done to address the gender pay gap.

Read the article here: https://www.ftadviser.com/your-industry/2023/02/21/breaking-the-bias-to-support-female-advisers/

Startups:

Trachet commented on the closure of Tech Nation, the UK's leading tech accelerator program. She expressed concern that the closure could have a negative impact on the startup ecosystem and emphasized the importance of continuing to support innovation and entrepreneurship.

Read the article here:https://startups.co.uk/news/tech-nation-closure/

Sifted:

Trachet discussed the competition between London and Paris as the leading tech hub in Europe. She noted that both cities have unique strengths and emphasized the importance of collaboration and partnerships between the two.

Read the article here:https://sifted.eu/articles/london-paris-european-tech-leader/

Tech Monitor:

Trachet commented on OpenAI's decision to allow ChatGPT customization. She noted that this move could help businesses leverage the technology in new and innovative ways.

Read the article here: https://techmonitor.ai/technology/ai-and-automation/openai-to-allow-chatgpt-customisation

Digital Journal:

Trachet offered her insights on the current state of the unicorn market. She noted that expectations for unicorn valuations have become more realistic and emphasized the importance of focusing on sustainable growth rather than just rapid expansion.

Read the article here: https://www.digitaljournal.com/business/unicorn-dreams-fade-as-down-round-expectations-grow/article

Telegraph:

Trachet spoke about the security concerns surrounding TikTok and the potential implications for US-China relations. She noted that the situation highlights the importance of considering national security concerns when investing in or working with technology companies.

Read the article here: https://www.telegraph.co.uk/technology/2023/03/10/tiktok-security-concerns-china-spying-misinformation-us-ban/

BBC Newsday:

Trachet spoke about the impact of the pandemic on the tech industry. She noted that while the crisis has presented challenges for startups, it has also created new opportunities for innovation and entrepreneurship.

Read the article here: https://www.bbc.co.uk/sounds/play/w172yf91jw603ct

Overall, Trachet's insights and expertise have been actively sought after in the context of an eventful past few weeks. Claire Trachet’s comments highlight the importance of innovation, collaboration, and a focus on sustainable growth for startups and corporates alike. Startup founders and entrepreneurs can benefit from her advice on navigating the complex business landscape, especially in the fast-changing world of technology.

If any of these topics resonate with you, or you’re unsure what your next steps are in the current business climate, let’s discuss! Reach out to schedule a call with us here.