Fintech Struggles and Streaming Success

This chapter explores the challenges faced by the fintech startup Brex, including significant cash burn and workforce layoffs, while contextualizing these issues within the broader startup ecosystem's shift towards profitability. It also delves into the current tech economy's downturn, marked by layoffs and bankruptcies, while contrasting it with Netflix's robust performance in the streaming market. The discussion highlights the importance of sustainable business models and prepares for a potentially stronger IPO landscape in 2024.