From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money
- Article
- Dec 7, 2023
- #Startup #Technology
After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.
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Tren Griffin @TrenGriffin
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Dec 10, 2023
"~3,200 private venture-backed U.S. companies have gone out of business this year, according to data compiled by PitchBook. Those companies had raised $27.2 billion in venture funding. PitchBook said the data was not comprehensive and probably undercounts" @eringriffith story