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      • After staving off mass failure by cutting costs over the past two years, many once-promising tech companies are now on the verge of running out of time and money. They face a harsh reality: Investors are no longer interested in promises.
      www.nytimes.com/2023/12/07/technology/tech-startups-collapse.html

      From Unicorns to Zombies: Tech Start-Ups Run Out of Time and ...

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  4. www.nytimes.com › tech-startups-collapseFrom Unicorns to Zombies: Tech Start-Ups Run Out of Time and ...

    Dec 7, 2023 · But approximately 3,200 private venture-backed companies around the world have gone out of business this year, according to data compiled for The New York Times by PitchBook, which tracks...

  5. techcrunch.com › 2023/12/30 › remembering-theRemembering the startups we lost in 2023 | TechCrunch

    Dec 30, 2023 · According to a recent PitchBook survey, “approximately 3,200 private venture-backed U.S. companies have gone out of business this year.” Combined, those companies raised north of $27 billion.

  6. www.forbes.com › sites › forbestechcouncilThe Future Of Tech Startups: Trends And Predictions - Forbes

    Jan 30, 2024 · The following trends highlight sectors that could take new-age startups en route to success: 1. AI startups will gain preference. Since the release of ChatGPT and Midjourney, investors...

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  8. www.npr.org › 2023/12/18 › 1220125127Once valued at billions of dollars, more tech startups are ...

    Dec 18, 2023 · The year of efficiency started with significant layoffs at some Silicon Valley giants. It's closing with many young tech startups — once appraised in the billions — selling for a few million.

  9. www.cnn.com › 2023/12/07 › investing2023 was an ‘extinction’ level year for tech startups. Where ...

    Dec 7, 2023 · More startups have shut down in the third quarter of 2023 since Carta began tracking the data almost five years ago. So far this year, 543 startups on Carta’s platform have shuttered.

  10. www.bbc.co.uk › news › business-67921461Where have all the UK tech 'unicorns' gone? - BBC News

    Jan 23, 2024 · Last year only six UK companies became a unicorn, the title handed out to private start-up firms that are valued at more than a billion dollars. Achieving the $1bn (£790m) valuation brings...

  11. www.ft.com › content › 47747e24-01a4-431f-8ab6-da5Venture capital funding in start-ups halves as tech downturn ...

    Apr 5, 2023 · Venture capital funding of start-ups has plunged by more than 50 per cent in the past 12 months, as an economic downturn weighs on valuations at nascent tech groups.

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