Kohli: A tech startup M&A acquisition spree will not happen
Avlok Kohli · How Dire is the Startup Funding Market Today? | AngelList CEO Avlok Kohli · 20VC with Harry Stebbings · May 9, 2023 · at 13:21
Avlok Kohli is the CEO of AngelList. He counters conventional expectations of an impending wave of startup acquisitions during the tech downturn.
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“The appetite to Just do rapid set of acquisitions in this market. I don't think it's going to happen. And then in the private markets the key question that's going to come up is what price do you believe? Right? Meaning if you're a private company and you've raised, and then there's another private company that you're looking to acquire, then the key question comes down to how do you align on what the price is to acquire the company? So I don't think the conditions are there for a rapid acquisition spree.”
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