CTalk"I think the next six quarters are going to be tough. In the second half of 2024 we will see markets going back to normal"
CTalk
"I think the next six quarters are going to be tough. In the second half of 2024 we will see markets going back to normal"
Arieh Fishburn, CEO at Redemption Capital, believes there is still plenty of more pain to come for the tech market
Arieh Fishburn, CEO at Redemption Capital
(Sinai David)
“I'm a macro guy and I understand markets, I think the next six additional quarters are going to be tough. In the second half of 2024 we will see markets going back to normal," said Arieh Fishburn, CEO at Redemption Capital, speaking to CTech at Calcalist and KPMG's Work after Work event. "However, we will hopefully not see numbers as in 2021. We will see nice double digit multiples on revenue, we will see companies that are raising capital at an earlier stage. The trend will come back to the early 2000s. It will help everybody as it creates stability and transparency.”
Fishburn explained Redemption's unique business model. “We are an investment bank helping tech companies looking to raise over $100 million from institutions,” he added. “We help them plan and prepare as there is a big gap between the standard ways of raising capital and raising capital from large institutions."
You can watch the full interview with Fishburn in the video above.
