On Wednesday 19th April, Bootstrap Europe co-founder and Managing Partner, Stephanie Galantine Heller participated on a panel titled: “What SVB’s failure means for the innovation ecosystem” at the Bloomberg New Economy Gateway Forum.
The city of Dublin hosted the inaugural European two-day event with many prominent people leading change across different industries in Europe including AI, the Metaverse, aviation and banking.
Stephanie spoke alongside Elaine Coughlan, co-founder and Managing Partner at Atlantic Bridge and Elodie Dupuy, Founder and Managing Partner at Full In Partners; Bloomberg journalist, Aggi Cantrill, hosted the discussion which was broadcast live on Bloomberg TV.
- The party is not over for venture capital.
- Very challenging right now for start-ups to raise money. The SVB collapse exacerbated this.
- Generative AI can make a business more capital efficient, however, this does not mean that job creation will halt. Businesses may not need as much capital as they once needed.
About Bootstrap Europe
Bootstrap Europe supports thriving industries across the globe, from green energy and genetic testing to SaaS, fintech and smarter city solutions; the team’s collective experience has ensured that the fund includes some of Europe’s fastest, socially-focused scale-up businesses.