John Stapleton, serial entrepreneur, angel investor and speaker, provides smart money strategies for today’s investors.
A fund manager I know well has described the investment market as ‘carnage’. The cost of capital is through the roof and availability is very scarce. The rest of us are seeing this in a variety of ways – start-ups are having a difficult time raising funds (certainly at the inflated valuations they have become recently used to) and more established businesses are shelving plans to invest in growth even when they can demonstrate a tried and tested business model to justify it.