#XrisLogbook 79 - Timing, Trouble, Transition 🇬🇧
👍🏻 The tightrope walk of innovation often involves balancing hashtag#patience and hashtag#timing. While meticulously building a sustainable solution is crucial, missing the right window to market can leave you behind. The key lies in striking a balance. Thorough testing and development ensure a long-lasting solution, but keeping a close eye on industry trends and competitor moves helps you launch at the opportune moment. It's about crafting something valuable without being outpaced by a rush to market.
👎🏻 While hashtag#legal action can be tempting to recoup funds from a shady entrepreneur, there are downsides. Lawyer fees can eat significantly into recovered money, and the process can be lengthy. Success hinges on the entrepreneur having assets to seize, and even a court win doesn't guarantee immediate repayment. Exploring alternative options like mediation or pursuing the entrepreneur with bad publicity might be worth considering first.
✍🏻 The hashtag#InsurTech market is taking a turn! While total funding dipped below $1 billion in Q1 for the first time since 2020, there's a silver lining for budding entrepreneurs. Early-stage startups are seeing a surge in investment, with a whopping 26.5% increase compared to the last quarter. This signals a strong commitment to fostering fresh ideas, even as the industry matures. Interestingly, the average deal size has shrunk by 30%, suggesting a move towards strategic, impactful investments. In essence, InsurTech in 2024 is consolidating, but with its sights set on the future, prepared for the next wave of disruption.
🙏🏻 Special thanks this week to Serge Thomas Thierry Laurent Junaid Pierre-François
hashtag#CVC hashtag#venturecapital