Tim Draper identifies three startup trends for 2024: micro VC funds writing smaller early-stage checks, cybersecurity startups booming as AI-driven crime rises, and DeFi platforms expanding as alternative funding routes for startups.
Chapters
Here are 3 startup trends for 2024. Number 1, micro venture capital funds may become more common, focusing on early stage and providing them smaller tickets that can be critical in their early growth. Number 2, there's gonna be a boom on the cybersecurity startup industry. With the rise of AI, cybercrime is becoming much more prominent. However, this is a huge opportunity for startups in the cybersecurity sector to make their move. Number 3, the DeFi sector is set to grow, offering alternative funding mechanisms through blockchain technology. DeFi platforms will provide startups with access to global pool of investors.