Myth Busting: The State of Startup Capital
In this panel discussion, the executives emphasized the current challenges startups face in acquiring capital, specifically in the health tech and life sciences sectors. They noted increased competition and expectations from investors, especially due to the economic repercussions of recent years. The panelists agreed that startups need to have strong value propositions, clear communication, market understanding, and well-prepared documentation to attract investors. They also stated that investing expectations have gotten worse due to the need for venture managers to make up for losses. The speakers suggested chasing non-dilutive funding like the SBIR funds to reach a valuation perspective and encouraged entrepreneurs to prepare strategic roadmaps for their companies.