[ad_1]
Since January, nearly 50 startups have made significant layoffs, according to data collected by Layoffs.fyi. Among them are companies like Robinhood and Peloton, which after huge growth during the pandemic now face the realities of a less buoyant economy, and less cash on hand.
“Right now, the startups that are in the trickiest situation are growth-stage startups with unicorn-type valuations, a high burn rate, good but not great metrics, and 12 months of cash,” says Matt Turck, a partner at venture capital firm Firstmark. “You’re going to see a lot of layoffs there, because companies need to urgently cut their burn if they don’t want to run out of cash.”
Can startups weather the impending economic downturn? More at the 🔗 in our bio.
📸: Getty
[ad_2]
Source
WIs that a market analysis? 50 startups? How many are there? 67 on the entire world? How many are just focusing on a high burn rate?
Wired you need to chill 🥲
BRING IT ON
Maybe itd help if we lay off landlords and real estate agents
I’m 🅿️aying 💸6,000 to the first 7 people to hit me up now with “ALIVE”, stay blessed y’all 🥶💸🇺🇸🇨🇦
Believe in the process the best quality to have when chasing your dream is patient hard work and dedication this is a process @artur_druemlia
Can we reconsider what the word “startup” means? I don’t think “Peloton” qualifies.
Always getting profits from @john.fx.global @john.fx.global
Receiving $ 10,940 after investing $ 1,500 this is what I never expected. Thanks for putting an undying smile on my face may God bless you and your family @cristina_crypto_academy
CRIME http://www.judicialcrimes.com
stunning 💞💜
It’s very hard to believe when my friend told me the secret behind his success, I have seen it with my eyes and I’m very happy to be part of it contact the woman that makes it possible for me @cristina_crypto_academy
Happiness is achieved when your goals and in life are achieved. Still doubting my words ? Give it a try and have the satisfaction you can obtain for yourself. I’m happy at last i have found a company i am recovering my lost @cristina_crypto_academy
wish u were here💘❤️
@ultrafxminer has been a great inspiration to me and my family. For a start I deposited $500 and after a week I got $5,750 return.she is accurate and reliability can’t be compromised
I love you baby❣️🧡
Matt Turck should be paying attention to companies like ours that are profitable Year 1 and actually don’t waste money on advertising and over hiring. We’ve had 4 returns since launching last year. Of course @wired hasn’t covered our brand at all despite every major athlete using @castleflexx 😂
This should cause a slight shift toward outsourcing to contractors and agencies.
Comments are closed.