Zennström calls the end of high-valuations era, says founders and VCs must remove stigma of downrounds

As the world moves into economic head-winds and geopolitical uncertainty, European founders must get used to taking tough decisions to ensure the survival of their startups. This will include getting used to ‘flat’ or ‘downrounds’ of funding, after experiencing the high valuations of the last couple of years.
That was the message today at the Slush conference in Helsinki from Niklas Zennström, the iconic Skype co-founder, Atomico CEO, and one of Europe’s most famous tech players.
In a keynote address Zennström gave a blunt assessment of the economic environment, while unpacking how he failed s

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