Narrative violation: in 2023, series A rounds declined 61% and pre-seed rounds grew 51%. This is why.
Startup death rates spike as we approach Q4 2023
You know the adage that 90% of startups fail in their first 3 years of existence? According to a startup genome report from 2019, that figure is actually a bit higher, 11 out of 12 startups fail (which is 91.6%). But now, startup failure rates, which were already elevated in 2022, have trended even higher …
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