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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TSMC reports Q1 revenue up 35.1% YoY to ~$35B, net income up 58.3% YoY to ~$18B, both above est., and says 7nm or smaller chips were ~74% of its wafer revenue (Dylan Butts/CNBC)

Dylan Butts / CNBC : TSMC reports Q1 revenue up 35.1% YoY to ~$35B, net income up 58.3% YoY to ~$18B, both above est., and says 7nm or sm...