Observed Signal · Jan 2, 2024 · Interview · Source: Trending Topics · Impact: 3/5 · Sentiment: Negative
Speedinvest CEO: New IPO Window Would Be Real Gamechanger
Speedinvest CEO Oliver Holle discusses the European venture capital downturn and the outlook for startups. He says Speedinvest has made more than 40 investments from its €500 million fourth fund in its first year and argues the market has returned to normal after the outlier years of 2020–2021. Holle highlights the sharp drop in European funding to around €45 billion in 2023 and the collapse of new unicorns, and notes that large investors such as Softbank, Tiger Global and Coatue have withdrawn. He sees rising customer acquisition costs on social platforms like Meta, LinkedIn and TikTok as a core problem for B2C startups, and praises AI adoption in portfolio companies such as Inkit and Kittl. Holle calls a sustainable IPO window the real gamechanger needed for the European VC ecosystem to generate liquidity and enable future fundraisings.
Insights from a leading European VC CEO on the funding downturn, rising customer acquisition costs on social platforms, and AI-driven startup growth are relevant for the AdTech/MarTech investment climate and marketing spend outlook.
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Key Takeaways & Evidence Grounding
- Speedinvest has made over 40 new investments from its €500 million Speedinvest 4 fund in its first year.
- According to the State of European Tech Report, European startups raised about €45 billion in 2023, down from €85 billion in 2022.
- Only seven new unicorns were created in Europe in 2023, compared to 48 in 2022, according to the report.
- Speedinvest was named Seed Fund of the Year 2023 by GP Bullhound.
- Holle says a sustainable opening of the IPO window would be the real gamechanger for the European VC industry.
Connected Companies & Entities
15 Entities mapped“Oliver Holle und sein Team haben es geschafft, Speedinvest aus Wien heraus zu einem der größten europäischen Startup-Investoren zu machen....”
“Oft werden Bitpanda, GoStudent und Co gefeiert....”
“Die Zeiten, wo Softbank, Tiger Global und Coatue um Deals mit 100 Millionen plus gerittert haben, sind einfach vorbei....”
“Die Zeiten, wo Softbank, Tiger Global und Coatue um Deals mit 100 Millionen plus gerittert haben, sind einfach vorbei....”
“Die Zeiten, wo Softbank, Tiger Global und Coatue um Deals mit 100 Millionen plus gerittert haben, sind einfach vorbei....”
“Meta mit seinen Töchtern Facebook, Instagram und WhatsApp und einige andere Player wie LinkedIn oder TikTok sind die Gatekeeper....”
“Meta mit seinen Töchtern Facebook, Instagram und WhatsApp und einige andere Player wie LinkedIn oder TikTok sind die Gatekeeper....”
“Meta mit seinen Töchtern Facebook, Instagram und WhatsApp und einige andere Player wie LinkedIn oder TikTok sind die Gatekeeper....”
“Man kann jetzt noch die Schweizer Schuhmarke On nennen....”
“Wenn man den neuen Atomico Report liest, dann spricht er auch von der Skype-Mafia....”
“Wir haben Firmen im Portfolio, ... die waren dann wahnsinnig schnell, OpenAI oder andere Tools zu integrieren....”
“Ungefähr drei Viertel der europäischen Venture-Industrie hat den European Investment Fund als Investor....”
“Der GP Bullhound Award ist einer, der von Branchenkollegen vergeben wird....”
“Es gibt inzwischen europäische Anbieter, wie Mistral AI und andere....”
“Aber das sind jetzt nicht die Firmen, die das Potenzial haben, Google abzulösen....”
Ontology Mapping & Concepts
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