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While there are challenges ahead, there is a renewed optimism that we may be entering a recovery stage – where a period of fiscal discipline and strategic focus can set companies up nicely for long-term success.
That was the spirit from the RBC Capital Markets Technology Private Company Conference in LA, an annual gathering of tech founders and investors exploring ideas, risks and opportunities in tech land.
On this episode of Disruptors, John Stackhouse is live from LA and is joined by Sachin Dev Dugal, Chief Wizard at Builder AI — named one of the world’s top three Most innovative Companies in AI, alongside Open AI and DeepMind. Builder uses low code and customizable software to provide flexible, bespoke apps at the speed and cost of an off-shelf product — aiming to make building software as easy as ordering a pizza.
Silicon Valley and other tech centres are hopeful and as markets look toward rate cuts going into 2025, a new confidence can be felt. But until then, many executives and investors could remain focused on managing cash and costs, proving out business models, especially in AI, and maintaining secure relationships with patient investors.
And for those who remain strategically focused, operationally lean and results oriented, the outlook is pretty sunny.
To read ‘The Roaring ‘20s are back, thanks to seven stocks, two letters and one central bank’ by John Stackhouse, click here.
