Brian Crombie Radio Hour - Epi 675 - What The Recession Means for Stakeholders with John Ruffolo

Tonight on the Brian Crombie Radio Hour I interview John Ruffolo, Founder & Managing Partner of Maverix Private Equity about his article: Top 10 Things To Do As An Entrepreneur in Navigating The Storm. John was CEO of Omer’s successful growth equity venture fund and has recently launched a Private Equity fund. “We fully expected the first shoe to drop — the valuations brought to dizzying heights, especially from 2019–2021 would be brought back down to earth and will revert to the long-term mean. If you are not sure what that really means, go back to valuation expectations at around 2015 or so, but not immediately before the pandemic as valuations already hit historical highs by then. The second shoe is now more likely to drop — a recession. It is still unclear how severe such a recession might be, but using historical comparisons, expect it to last 18–24 months. What does this all mean to the stakeholders of technology-based companies today?”