Few people would deny that raising capital in 2023 and 2024 has been very challenging. The key components of the market, the “two worlds” of corporates and investors, are nowadays often far apart in how they assess value – pre-COVID, this was much less of an issue. This has resulted in frustration and inertia, which, on a sustained basis, can have a significant negative impact on companies and the economy. This issue needs urgent attention, but is there any evidence that the situation is being addressed?
Herein lies the chance for observant and informed investors to benefit from significant value adjustments, by identifying opportunities not apparent to others. In addition, new commercial enterprises are constantly hitting the headlines, typically because of technological or scientific developments; exciting new businesses can emerge rapidly. Maybe there is light at the end of the tunnel. We explore the challenges and opportunities.
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