Winter is here for veterinary startups
Across all industries, startup investments are down 50% YOY according to Crunchbase. Pet health, typically considered immune to the vicissitudes of macroeconomic trends, saw practice multiples drop from a high of 18+ times EBITDA to a more sustainable 8-13x EBITDA. Specific data around pethealth startups is a little harder to come by, but anecdotally, we’ve […]
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