wp-plugin-hostgator
domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init
action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114ol-scrapes
domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init
action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/04\/11\/vc-software-wise-investment\/<\/a><\/br> Work software is seeing<\/span> significant investments from VCs, reflecting the continued trend toward digital transformation and remote work.<\/p>\n In its Road to Next report released Tuesday, Deloitte found that even though overall investment in work software companies is down from the lofty heights it reached in 2021, the segment still accounted for 15% of total expansion-stage deal value in 2022 (per PitchBook). Venture-growth work software deals remained steady, barely dipping from $35.4 million in 2021 to $35 million in 2022.<\/p>\n \u201cAs market trends remain relatively dynamic, qualitative data shows the appetite for innovation among workforces is strong,\u201d the Deloitte co-authors wrote.<\/p>\n The drivers of the resilience are \u201cnumerous,\u201d according to the co-authors, but they highlight a few of the major ones in the report.<\/p>\n First, VCs haven\u2019t given up on the idea, right or wrong, that work software can enhance productivity to increase overall return on investment \u2014 an attractive prospect during a period of economic malaise.<\/p>\n Second, poor macroeconomics \u2014 plus destabilizing recent events like the Silicon Valley Bank collapse<\/a> \u2014 have encouraged VCs to turn toward more sustainable \u201cgrowth trajectories,\u201d which tend to be found among longer-lasting, ironclad business-to-business contracts for software tool suites.<\/p>\n There\u2019s truth to that second point.<\/p>\n In an IDC poll earlier<\/a> this year, 62% of corporate tech managers in the U.S. said that tech spending at their companies would be the same or increase compared with 2022. That\u2019s despite the fact that 82% of them said that they expected a recession this year.<\/p>\n
\nVCs still think work software is a wise investment<\/br>
\n2023-04-11 21:52:57<\/br><\/p>\n