Zennström calls the end of high-valuations era, says founders and VCs must remove stigma of downrounds
TechCrunch
NOVEMBER 17, 2022
That was the message today at the Slush conference in Helsinki from Niklas Zennström, the iconic Skype co-founder, Atomico CEO, and one of Europe’s most famous tech players. In this environment a lower valuation is no reflection on you. There’s a stigma. We’ve turned the down round into a worst case scenario. It’s market dynamics.”.
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