In the Press
February 9, 2023

Global Law Firm Goodwin Is Setting Up a Philly Tech, Startups And Life Sciences Practice (Technical.ly)

Professionals
Abe Kwon has been representing tech startups through their “life cycle” from incorporation and raising their first capital, all the way through an exit or merger, for more than a decade. He recently joined Goodwin as the firm opens a Philadelphia office serving the life sciences, tech, healthcare and private equity. Technical.ly talked to Kwon last year when the easy-flowing VC deals of 2021 were turning into a more challenging market with down rounds in 2022. Now, he said those trends have generally continued, with valuations and deal volume staying down. “A lot of that is slanted toward mid- to late-stage companies. There’s been a drop off in giant Series Ds, but less of an impact for seed-stage deals,” Kwon said. “Talking to investors, they’re actually excited about the climate."