Views from the Valley: Is The Worst Over for Tech?

Disruptors

It’s no secret that 2023 hasn’t exactly started on a high note for the tech sector. With more than 100,000 workers laid off already this year, looking in from the outside, the industry seems to have lost some of its momentum. But what are insiders saying?

In the short term, large scale layoffs may not be over, but they’re slowing. And a look back in time offers insights into the kind of mega companies that got their start during economic downturns.

On this special, on-location episode of Disruptors, an RBC Podcast, host John Stackhouse speaks with tech leaders at the C100 annual summit in Silicon Valley, to get the real scoop from Canadians in the thick of it. We hear from a range of voices: Andre Charoo, managing partner at Maple VC, a venture capital firm with Canadian roots; Chris Arsenault, president and CEO of Inovia Capital; Shari Hatch Jones, founder and managing partner at Sightline Coaching, and Dominic Penaloza, founder and CEO of Peace. Is 2023 a time for the tech sector to move away from concepts and experimentation and start generating returns? Will the economic downturn slow development or is now the time for the best ideas to rise to the top? Listen in and find out.

For more information about the annual C100 Summit click here. To read about Maple VC, visit their site. Information on Inovia Capital can be found here and Sightline Coaching here.