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The issue of June 25, 2024 contains a guest article by KPMG Law experts Stefan Kimmel and Gunars Urdze.
The Covid-19 pandemic and the subsequent energy crisis as a result of the Russian invasion of Ukraine have taken a heavy toll on the German economy and many companies, especially start-ups, are still facing major challenges. In 2023, more start-ups filed for insolvency than ever before, with the number of new start-ups falling at the same time. Experts predict that the number of startup insolvencies will continue to rise this year. Inflation and the resulting interest rate hikes in particular have made the investment climate more difficult for young, growth-oriented technology companies.
“Investors need to be aware that investments in start-ups are associated with an even higher risk during the crisis. “
You can find the whole article here.
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