For five consecutive years, Silicon Legal has been recognized by PitchBook among the top 10 most active law firms in the VC space.¹ To celebrate, we invited some of our innovative entrepreneur and seasoned investor clients to share their lighthearted reflections from 2023 and predictions of what lies ahead.

For more hot takes from our clients, review them all here.

Alex Alvarado

If the venture capital ecosystem was a movie, what would the title of 2023 have been?

A Quiet Place

Friend, Enemy, or Spouse?

AI Friend
Web3 Enemy
Future of Work Spouse

In five words: What’s your most outlandish prediction for the venture capital market in 2024?

Funding bottoms out, rebounds in 2025

Who, what, or where did you find your greatest inspiration in 2023?

Founders who were able to grit it out and help their companies get to default alive

If you could rename one popular tech term to be more honest and descriptive, what would it be and why?

I would do away with “Unicorns” – instead of celebrating fake money valuations, we should be celebrating startups who hit revenue milestones on the path to building real business value. How about celebrating companies that hit $100M ARR?

About Daybreak Health

Daybreak Health is a clinically validated online counseling platform that helps teens build emotional wellbeing. Founded in 2019, the company’s mission is to ensure every adolescent has access to high-quality mental health care. It matches teens with expert counselors and connects them through a teen-friendly mobile app, where counselors provide live online video sessions and teach teens skills to live happier lives. Daybreak also bridges the gap of parent involvement through educational workshops and teen progress touchpoints along every step of the journey. Daybreak is currently available in California with plans to expand across the U.S.

About Silicon Legal Strategy

Silicon Legal Strategy is the premier boutique law firm providing targeted, bottom-line-oriented advice to technology startups, innovative entrepreneurs and seasoned investors. Trained at the top firms in Silicon Valley, our attorneys and staff are incredibly passionate about technology and have extensive experience representing early stage companies and investors. We are a known quantity in Silicon Valley, and work with or sit across the table from every major law firm in the area. Perhaps most importantly, we ourselves are entrepreneurs. We truly understand the challenges of a startup — like building and motivating a team, creating repeatable processes to ensure continued customer satisfaction at scale and dealing with infrastructure issues. We face these challenges every day — and as a result, are able to deliver more relevant, bottom-line-oriented advice. Put simply, we actually “get” what entrepreneurs are going through.