East Ventures consistently races in the perfect storm: 2023 recap & 2024 outlook

The tech industry weathered an intense “perfect storm” of crises these past two years. The global economy is in a complex state characterized by uncertainty, making caution our guiding principle. We find ourselves in a landscape where valuations are far from their peak, the global economy remains sluggish, inflationary pressures persist, and the threat of a potential global recession looms large.