Analysis

October 25, 2024

Media for equity: 'False economy' or fast track to growth?

VC backing for consumer-facing startups is on the decline — could this form of financing step in?


Sadia Nowshin

7 min read

Image: Unsplash

Consumer-facing startups have had a tough time recently. VC investment into consumer startups globally was down 97% in 2023 compared to its peak in 2021, and a cost of living crisis and rise in inflation has reduced people’s spending power. Many investors have turned their attention towards B2B business models instead. 

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Sheena Amin, Director of ITV AdVentures
Sheena Amin, Director of ITV AdVentures.jpeg
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Vinay Solanki, head of Channel 4 Ventures.
Vinay Solanki, head of Channel 4 Ventures. Credit: Will Johnston Photography
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The picture shows two white men sat at a white table, both of whom are laughing. They are the founders of medical cannabis company, Sanity Group. In the background you can see pictures of cannabis plants.
Sanity Group founders: Finn Hänsel (left) and Fabian Friede
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Sadia Nowshin

Sadia Nowshin was a reporter at Sifted covering foodtech, biotech and startup life. Follow her on X and LinkedIn

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