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Scott Stevens of Grays Peak Capital LP Analyzes the Current Landscape of Tech Startups

In 2019, the tech landscape will continue adjusting to market and regulatory changes, says Scott Stevens, partner at Grays Peak Capital LP. Following suit, tech startups will also continue pursuing opportunities that help them achieve rapid go-to-market strategies at a lower cost. However, unlike in the past, where tech startups created entire ecosystems, in 2019, expect to see more partnerships that interconnect multiple ecosystems. Cloud, AI, and blockchain will be major driving technologies in this regard. Enterprises, too, will continue to look for strategic alliances with tech startups as they shore up their competitive advantages. Here, Grays Peak Capital LP and Scott Stevens identify three specific areas tech startups will focus on in 2019.

Growth Opportunities

Typically, tech startups go after opportunities that have the highest potential for growth. In 2019, expect cloud computing, AI, and blockchain to fall under this category. What will fuel these three areas is the increasing need enterprises have to embrace and integrate leading-edge technologies to stave off competition. While in the past they went after new technologies as a cost-cutting measure, increasingly, enterprises are looking to such technologies to leap-frog the competition. In 2019, Grays Peak Capital LP says to expect tech startups to take advantage of this trend by focusing on pursuing opportunities in cloud computing, AI, and blockchain.

Read more:
https://medium.com/@grayspeakcapital/scott-stevens-of-grays-peak-capital-lp-analyzes-the-current-landscape-of-tech-startups-5d160d0bf5c4

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Reasons to Invest in Tech According to Scott Stevens of Grays Peak Capital LP

It is no secret that technological advancements have drastically changed the way we live our lives. In addition, it should be no surprise that technology has also affected and disrupted several industries. Technology has allowed for the seamless flow of information, expedited processes resulting in higher efficiency, driving more revenue to your business, and much more.

According to Scott Stevens of Grays Peak Capital LP, investing in technology is essential for businesses to thrive and remain relevant in their industry. Without an investment in technology businesses run the risk of becoming irrelevant and ultimately failing. Scott Stevens states that in addition to the above benefits of technology, there are many reasons why a business needs to invest in technology, regardless of the size of your budget. He graciously took the time to outline his five best reasons for investing in technology to grow your business.

Read more:
https://www.econotimes.com/Reasons-to-Invest-in-Tech-According-to-Scott-Stevens-of-Grays-Peak-Capital-LP-1555017

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When Should Your Startup Seek to Raise Capital? Grays Peak Capital LP’s Scott Stevens Discusses

Photo by Austin Distel on Unsplash

Venture capital is the holy grail for any startup. When venture capital comes in, it almost always signals a change in fortunes for the startup. The startup can typically grow its team, accelerate its marketing efforts, and grow faster. But, if you have a startup, when should you seek to raise capital? The answer to this, says Scott Stevens, a partner at Grays Peak Capital LP, lies in first understanding the definition of a startup. A startup, he says, is a rapidly growing company going after a large market with a game-changing innovative solution. A hotdog stand or web design agency do not fall under this category. If your startup meets this criterion, here are four checkboxes Grays Peak Capital LP states you need to tick before going after venture capital.

1. Innovation Concept

The first thing investors want to know is what you are taking to market, says Scott Stevens. This idea goes by many names: elevator pitch, value proposition, unique selling point, etc. They all mean one thing: is your idea unique and compelling enough to get a sizeable number of people excited enough to buy from you.

This pitch determines whether your startup has a chance of raising funds or not. Keep in mind; however, that any startup with a killer idea can meet failure in the marketplace due to various unforeseen factors that may result in mitigating through a positional pivot. As such, the best startups have a running list of great ideas that they can pursue next in case the current idea fails, which is also something investors may seek.

Read more:
https://beforeitsnews.com/v3/business/2019/3562140.html

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How to Find the Right Investment Firm for Your Assets with Grays Peak Capital LP’s Scott Stevens

Picking the right investment firm can multiply your assets and help you create greater wealth. Picking the wrong one can hurt your prospects. You could also decide to go at it alone, which is another way of managing your funds. However, picking the right investment firm means giving your assets over to a team that has expert knowledge and experience in the investment and asset management field. So, how do you decide which investment firm is right for you? Scott Stevens, partner at Grays Peak Capital LP, offers three considerations to evaluate when determining the right investment firm to manage your assets.

What is Your Net Worth?

This may sound like a simple question, but it has profound implications on the type of investment firm you should work with. For example, if your net worth is lower than $100,000, says Scott Stevens, you are probably better off investing the money yourself. Most investment firms have fees, and if your assets cannot absorb these fees, you may end up losing out in the long run. Some investment options you can consider are robo advisors and discount brokers. If you have assets of between $100,000 and $1 million, you may benefit from working with a full-service broker, asset manager, or wealth management firm. The bottom line, says Scott Stevens, is that your net worth determines the type of investment firm you should work with to maximize your returns.

Read more:
https://medium.com/@grayspeakcapital/how-to-find-the-right-investment-firm-for-your-assets-with-grays-peak-capital-lps-scott-stevens-6848c368f058

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Interview – Scott Stevens, Founder

With a bachelor’s degree in economics from the University of Michigan, Scott Stevens of Grays Peak Capital began his career as an M&A investment banker, where he covered multiple industries including tech media, telecom, and consumer. Afterward, he became a senior analyst at a hedge fund called Coatue Capital, a firm that specializes in tech media and telecom consumer.

Next, Scott Stevens moved to California for eight years, where he worked at a couple of different companies and ran their tech portfolios.

Then in 2014, along with a partner, Scott Stevens decided to start a global international firm, Grays Peak Capital in New York City, where he brought together all of the knowledge and ideas he developed over the years to create a template for his firm.
Scott Stevens enjoys traveling the world and capturing his experiences with photography.

Tell us a bit about what you do.

Every day I’m trying to find either interesting trends, themes, or companies to invest in. That’s the core of what our process is. We find areas of interest that we think are doing something slightly different, or are changing or disrupting different industries.

Read more:
https://interview.net/scott-stevens-founder-of-grays-peak-capital/

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Scott Stevens – Founder of Grays Peak Capital

With a bachelor’s in economics from the University of Michigan, Scott Stevens began his career as an M&A investment banker, where he covered multiple industries including tech media, telecom, and consumer. Afterward, he became a senior analyst at a hedge fund called Coatue Capital, a firm that specializes in technology, media, telecom and consumer.

Scott Stevens then moved to California for eight years, where he worked at two firms running their technology investment portfolios.

Then in 2015, Scott Stevens decided to start a global international firm, Grays Peak Capital, in New York City. He brought together all the knowledge and experience he accumulated from his previous firms to create the template for his firm.

Scott Stevens’ enjoys travelling the world and capturing his experiences with photography.

Read more:
https://ideamensch.com/scott-stevens/