Startup ecosystem year in review

& year-end checklist for startups

Author

Michael Morgenstern
December 19, 2023

Hey Brex community, Michael here,

As we bid farewell to 2023, a year that has been nothing short of historic in the startup landscape with events like the SVB collapse, the unraveling of FTX, the downfall of WeWork, significant industry layoffs, and the hype/surge in AI, it's a moment to step back and evaluate. This year has reinforced a lesson that's at the core of our industry: the relentless pace of change and the unparalleled opportunities it brings for those ready to seize them.

In light of this, I want to draw your attention to two essential resources that reflect our shared experiences and challenges.

Firstly, the Year-End Checklist for Startups from Brex, an invaluable guide to help you end the year strong and make sure you can hit the ground running in 2024 (hint: it's time to start preparing for tax season)!

Additionally, don't miss our data-rich Startup Ecosystem Year in Review that dives deep into what went down this year and what we think it means for you as you look ahead.

Both of these resources can play a pivotal role in fortifying your startup's financial resilience and aligning it strategically to leverage emerging market trends. Stay curious, stay resilient, and here's to a transformative 2024.

Upcoming Events:

  • Brex Supper Club in NYC 12/20

    Designed as a private dinner series for founders who raised a VC round in Q4 ‘23

    Apply Here Brex Host: Shai 

  • Brex Supper Club in NYC 1/3

    Designed as a private dinner series for founders and venture investors

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  • Women in Tech w Brex: YC Founders Edition in SF 1/9

    This will be a highly curated group of female founders, operators, and VCs, and there will be flowing 🥂, 🍣, and conversation starters.

    Apply Here Brex Host: Gaby

  • Brex Supper Club in NYC 1/10

    Designed as a private dinner series for founders and venture investors

    Apply Here Brex Host: Erica 

  • Jewish Founder Society in Miami 1/16

    Designed for Jewish founders, soon to be founders (1-3 months) and investors for an evening under the stars of networking, dinner and a VC panel

    Apply Here: Brex Host Michael

Emerging Manager Spotlight 🤩 

Las Olas VC Founding Partners Dean Hatton and Mark Volchek

Las Olas VC “LOVC” is an early-stage venture fund investing in B2B software companies based in the Eastern US. Founded in 2016 by former entrepreneurs and headquartered in Florida, LOVC is now investing out of its $50M Fund II and typically leads $3-7M rounds with $1.5-3M checks in businesses with early commercial signals of product-market fit (typically $200K+ ARR). LOVC typically leads rounds in B2B software companies and works closely with their portfolio founders to get them to the next level.

Their core mission is to amplify the impact of their portfolio founders and CEOs.  Their low-frequency and high-conviction investment approach (3-5 companies per year) allows them to be deeply collaborative and hands-on with the founders they partner with. 

Connect with us

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Don’t hesitate to reach out,🦾!

Startups Team @ Brex