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Self-driving shakeup: TuSimple CEO fired & Argo AI shuts down + Divvy Homes CEO Adena Hefets | E1600
This Week in Startups
Capital Intensification in Late Stage Growth Equity Markets
Growth equity markets are pretty much shut down right across the board especially late stage growth equity. And so our view is we can't bank on raising capital 2023 or even maybe in halfway into 2024. So as a result we're looking at raising more prop co level equity and there are folks who would have found that are more private equity or asset managers that'll give you equity into that That's a little bit different than the venture market. We are starting to get more creative and starting to tap into new sources of capital.
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