Startups & VC

Over $50B Went To Boom-Era Software Companies That Haven't Raised In 4+ Years

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Over $51 billion was raised by more than 150 U.S. software companies during the funding boom from 2020 to early 2022, but these companies have not secured additional capital in over four years, indicating potential financial distress as venture investment has dried up since then. This situation highlights the risks faced by startups that rely heavily on external funding and underscores the importance of sustainable business models for long-term survival.

Read the full article at Crunchbase News

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