2024: A Year of Global Expansion or Continued Devaluation?

The year 2023 posed significant challenges for many startups, particularly those experiencing rapid growth and backed by substantial venture capital investments. High interest rates, market volatility, and geopolitical turmoil led to a sharp decline in company valuations and made initial public offerings (IPOs) exceedingly challenging.

However, this environment also presented unique opportunities for financially robust companies. As we look ahead, could 2024 be the opportune moment for aggressive expansion through mergers and acquisitions (M&A)?