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Even well-funded fintech companies are laying off workers

TechCrunch

Surely not I, when my family moved here in 2013. The company had raised $43 million in funding from investors such as Foundation Capital, QED Investors and Maverick Ventures, according to Silicon Hills. Other backers include Greyhound Capital, SoftBank Vision Fund and Point72 Ventures. And not just once but twice in two years.

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The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

This is Part 2 of a two-part examination of the state of the startup capital market during the past two years. This transformation has already led to an increased number of startup failures, a growing venture capital reset2 and 210,000 tech sector layoffs since the start of 2022. 2 A (temporary) venture capital reset?

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