{"id":19957,"date":"2023-03-23T08:49:18","date_gmt":"2023-03-23T07:49:18","guid":{"rendered":"https:\/\/mci.pl\/?p=19957"},"modified":"2023-03-23T08:49:18","modified_gmt":"2023-03-23T07:49:18","slug":"cover-of-puls-biznesu-the-time-of-unicorn-hunting-is-over-says-tomasz-czechowicz","status":"publish","type":"post","link":"https:\/\/mci.pl\/en\/cover-of-puls-biznesu-the-time-of-unicorn-hunting-is-over-says-tomasz-czechowicz","title":{"rendered":"Cover of Puls Biznesu: &#8220;The time of unicorn hunting is over&#8221; &#8211; says Tomasz Czechowicz"},"content":{"rendered":"<p>CEO of MCI Capital comments the impact of Silicon Valley Bank collapse on the VC\/PE industry in an interview for the newspaper.<!--more--><\/p>\n<p>&#8220;The private equity model assumes investing in companies with positive EBITDA, i.e. those that do not require capital to turn a profit at this level. Private equity also focuses more on scaling investments and their results by actively working with a company over which they have full or significant influence&#8221; &#8211; says Czechowicz.<\/p>\n<p>&#8220;The result is that failed investments for private equity funds are a rarity, an accident at work, not a business model assumption. For VCs, the benchmark are the successive rounds of financing, which determine the so-called profit on investment. In the period when rounds were growing, the picture of high profitability of this asset class was not always created. Currently, it is much more difficult, because valuations have entered a downward trend&#8221; &#8211; adds Czechowicz.<\/p>\n<p>More here: <a href=\"https:\/\/www.pb.pl\/czas-polowania-na-jednorozce-sie-skonczyl-1180834\">https:\/\/www.pb.pl\/czas-polowania-na-jednorozce-sie-skonczyl-1180834<\/a><\/p>\n<p><a href=\"https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-19954\" src=\"https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-222x300.jpg\" alt=\"\" width=\"222\" height=\"300\" srcset=\"https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-222x300.jpg 222w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-759x1024.jpg 759w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-768x1036.jpg 768w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-1139x1536.jpg 1139w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-30x40.jpg 30w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-111x150.jpg 111w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-445x600.jpg 445w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-384x518.jpg 384w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-380x512.jpg 380w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-569x768.jpg 569w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-15x20.jpg 15w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648-59x80.jpg 59w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3648.jpg 1170w\" sizes=\"auto, (max-width: 222px) 100vw, 222px\" \/><\/a> <a href=\"https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-19956\" src=\"https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-206x300.jpg\" alt=\"\" width=\"206\" height=\"300\" srcset=\"https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-206x300.jpg 206w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-702x1024.jpg 702w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-768x1120.jpg 768w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-1053x1536.jpg 1053w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-27x40.jpg 27w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-103x150.jpg 103w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-411x600.jpg 411w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-384x560.jpg 384w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-351x512.jpg 351w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-526x768.jpg 526w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-14x20.jpg 14w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-55x80.jpg 55w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649-148x215.jpg 148w, https:\/\/mci.pl\/content\/uploads\/2023\/03\/img3649.jpg 1170w\" sizes=\"auto, (max-width: 206px) 100vw, 206px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CEO of MCI Capital comments the impact of Silicon Valley Bank collapse on the VC\/PE industry in an interview for the newspaper.<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"protect_children":false,"inline_featured_image":false,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-19957","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"CEO of MCI Capital comments the impact of Silicon Valley Bank collapse on the VC\/PE industry in an interview for the newspaper. &quot;The private equity model assumes investing in companies with positive EBITDA, i.e. those that do not require capital to turn a profit at this level. Private equity also focuses more on scaling investments\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"A_Kulas\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/mci.pl\/en\/cover-of-puls-biznesu-the-time-of-unicorn-hunting-is-over-says-tomasz-czechowicz\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Grupa MCI - Wiod\u0105cy inwestor technologiczny na rynkach Wschodz\u0105cej Europy\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Cover of Puls Biznesu: \u201cThe time of unicorn hunting is over\u201d \u2013 says Tomasz Czechowicz - Grupa MCI\" \/>\n\t\t<meta property=\"og:description\" content=\"CEO of MCI Capital comments the impact of Silicon Valley Bank collapse on the VC\/PE industry in an interview for the newspaper. &quot;The private equity model assumes investing in companies with positive EBITDA, i.e. those that do not require capital to turn a profit at this level. 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Private equity also focuses more on scaling investments"},"aioseo_meta_data":{"post_id":"19957","title":null,"description":null,"keywords":[],"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":[],"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":"default","schema_type_options":"{\"article\":{\"articleType\":\"BlogPosting\"},\"course\":{\"name\":\"\",\"description\":\"\",\"provider\":\"\"},\"faq\":{\"pages\":[]},\"product\":{\"reviews\":[]},\"recipe\":{\"ingredients\":[],\"instructions\":[],\"keywords\":[]},\"software\":{\"reviews\":[],\"operatingSystems\":[]},\"webPage\":{\"webPageType\":\"WebPage\"},\"blockGraphs\":[]}","pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"limit_modified_date":false,"created":"2023-03-23 07:48:42","updated":"2026-09-10 08:54:58","focus_keyword":null,"additional_keywords":null,"truseo_locale":null,"primary_term":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":{"id":"#aioseo-article-6aa08cccc0d2c","slug":"article","graphName":"Article","label":"Artyku\u0142","properties":{"type":"BlogPosting","name":"#post_title","headline":"#post_title","description":"#post_excerpt","image":"","keywords":"","author":{"name":"#author_name","url":"#author_url"},"dates":{"include":true,"datePublished":"","dateModified":""}}},"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"Article","isEnabled":true},"graphs":[]},"ai":null,"breadcrumb_settings":null,"seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/mci.pl\/en\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/mci.pl\/en\/kategoria\/press-releases\" title=\"Press Releases\">Press Releases<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tCover of Puls Biznesu: \u201cThe time of unicorn hunting is over\u201d \u2013 says Tomasz Czechowicz\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/mci.pl\/en"},{"label":"Press Releases","link":"https:\/\/mci.pl\/en\/kategoria\/press-releases"},{"label":"Cover of Puls Biznesu: &#8220;The time of unicorn hunting is over&#8221; &#8211; says Tomasz Czechowicz","link":"https:\/\/mci.pl\/en\/cover-of-puls-biznesu-the-time-of-unicorn-hunting-is-over-says-tomasz-czechowicz"}],"_links":{"self":[{"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/posts\/19957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/comments?post=19957"}],"version-history":[{"count":0,"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/posts\/19957\/revisions"}],"wp:attachment":[{"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/media?parent=19957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/categories?post=19957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mci.pl\/en\/wp-json\/wp\/v2\/tags?post=19957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}