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Recapped. Layoffs. Slowdown. CEO transition. Budget cuts. Downsizing. In spite of a spate of massive startup exits the last few months, culminating in fintech’s shining moment yesterday with Intuit’s $7.1 billion acquisition of Credit Karma , it’s been a tough period for the startup world. Layoffs abound , centered perhaps on SoftBank’s Vision Fund portfolio but hardly exclusive to it. Startups, both infamous and unheard of, are shutting their doors. And that doesn’t even being to factor in the global macro concerns like coronavirus that will drive investor sentiment this year. There’s a bit of a malaise underway in the startup world, a sense that possibilities are closing, that everyth... Full story

25 February