The Essex Advantage
It's important to note that most VC firms that existed before this latest market correction are now sitting on devalued assets. But, their current obligations and liabilities are still fully vested. Therefore, most if not all, are moving slowly on new deals.
From a traditional financing perspective, banks and lending institutions have been shouldered with new capital requirements and risk profiles that effectively take them out of the game.
The private investor has witnessed unprecedented market volatility and difficulty assessing the true risk of any single investment.
This leaves Essex with an abundance of risk/return situations that were previously unaffordable or overpriced – a target-rich environment.