The world’s tech startups could be facing a cruel summer as the funding crunch persists. As Bloomberg News reported Monday (April 24), experts believe these companies will increasingly begin to run out of money as the market downturn persists, with some venture-backed firms forced to...
For business founders, every dollar is precious, and the dollars are getting harder to come by. The year 2023 has turned out to be challenging for small business founders and startups navigating what’s become a dynamic environment. And that’s putting it mildly. Before the Federal...
Silicon Valley Bank (SVB) helped pioneer venture debt as a critical source of alternative financing. After its untimely failure, many market observers are beginning to wonder — will that source of capital suddenly become more difficult for startups? “Ultimately, whether Silicon Valley Bank fails or doesn’t...
British FinTech startups are concerned their country has lost its standing in the financial world. According to a Saturday (April 15) report by the Financial Times, FinTech founders say the U.K. government needs to do more to make sure the nation remains a financial center,...
In a challenging macroeconomic market that has led to a sharpened focus on belt-tightening, FinTech firms are under mounting pressure from investors to pivot from growth to profitability. It’s a shift in strategy justified by some investors as a way to win back increasingly cautious...
In today’s tough macroeconomy, businesses are making tough choices to ensure they survive. In some cases, that even means sunsetting a company founder to bring in an executive with more experience in shepherding operations through times of broader turmoil. Digital healthcare platform Oscar Health, rideshare...
Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers say, a likely outcome of which will be a trimming of current valuations by up to a half trillion dollars....
Startups are worried that the Silicon Valley Bank collapse could bring about their own. That’s according to a report Saturday (March 25) by the Financial Times (FT), which cites interviews with more than a dozen investors and founders. Silicon Valley Bank’s (SVB) collapse “will have...
Valuation of investments and companies remains an exercise in paper gains and paper losses. Nothing’s final until the investor, the VC fund or the mutual fund pulls the trigger. But a spate of recent markdowns of privately-held tech firms — the startups and even the...