Bertrand Badré, Managing Partner & Founder of BLUE LIKE AN ORANGE SUSTAINABLE, joined us at #IPEMCANNES2023 TV Studio for an interview. Watch it, comment it & share it, and stay tuned for the next ones. Sponsored by: IPEM Cannes 2023 TV Studio InterviewsBecome part of the IPEM CommunityWe help foster and engage the Private…
Britain’s VC landscape was more akin to a frozen tundra in Q3 this year, as the number of deals plunged to levels not seen since 2016.Investors, it seems, are wrapping up warm to insulate themselves from a potential recession and choosing to refrain from committing to deals that could face icy headwinds in the near term. KPMG’s Q3 Venture Pulse Report found that 575 VC deals were completed in Q3, down from 865 deals completed in Q2. Deal value dropped from £8 billion to £4 billion; enough to send a shiver down the spine of any budding entrepreneur. The question now is: Will this be a short cold snap or a new Ice Age?
Football players may not be the most obvious investors that spring to mind but the current generation is changing all that, as they seek out VC investments beyond the football pitch.And prove that beyond the on-field histrionics, some of them really are Angels. Former footballers such as French international Olivier Dacourt are turning the tables by investing in Revyze, dubbed the TikTok of education, with Rio Ferdinand and Gerard Pique also building significant post-career wealth backing NFT trading card game Sorare. Chris Smalling and Mario Gotze, both still active footballers, are rising to prominence in the investment world too as they seek to become pitch-perfect. This new era of footballers-cum-investors is hardly likely to have professional investors shaking in their boots. But substituting one pitch for another looks to be gathering momentum.
Toronto may want to squeak rather than shout it from the rooftops, following news that it sits atop UBS’s Global Real Estate Bubble Index. Strong population growth and low mortgage rates have helped propel Toronto’s real estate market, ahead of Frankfurt and Zurich. UBS suggested that, along with Vancouver (which came in at number 6 on the index), the bubble risk for Canadian cities is now “highly elevated”. With mortgage rates rising, real estate investors can’t afford to live in a bubble if Toronto’s housing market starts to deflate. As is often the case, once any overheated market comes to end, it can create a witch’s brew of toil and trouble.
Discover in this article the CEO Announcement and our plans for IPEM in 2023