Prior to 2020, the Venture Capital market, particularly within Travel and Mobility Tech, experienced rapid expansion.
This period was marked by the winner-takes-all playbook of asset-light tech startups in segments such as ride-hailing, shared accommodations, and electric scooters and bikes.
Since the pandemic, however, there has been a significant shift.
The once-celebrated model of (unprofitable) VC-backed hypergrowth has been scrutinized, shifting perceptions about what constitutes a disruptive and sustainable startup.