Monday, April 24, 2023

Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven't raised funds since 2021 (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven't raised funds since 2021  —  The startup world has had a tough year — plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank.



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Sources: Australian data center provider Firmus is seeking to raise up to $5B in an IPO at the end of October, in one of the largest-ever IPOs in Australia (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg : Sources: Australian data center provider Firmus is seeking to raise up to $5B in an IPO at the end of Octobe...