Tuesday, May 24, 2022

Startup funding woes may hurt IPL ad prospects

Inbound investments were $4.6 billion in January, but quickly fell to $3.6 billion in February, $3.4 billion in March, and $2.6 billion in April. Globally, venture capital firms are becoming more vocal about a looming economic slowdown and the need to be more “defensive”. Investors are asking startups to focus on return on investment and reducing cash burn.

from Tech-Economic Times https://ift.tt/WtvyqBr

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...