Is the roaring startup party coming to an end?
Finshots Daily
00:00
Ontepreners Burning Money
Central banks have choked off the money supply, hoping this will tame prices. Investors have had to reassess their priorities as quick returns aren't a concern any more. Start ups who are binging on cash are now being forced to cut spending fast. Tiger global tech portfolio suffered losses to the tune of 17 billion dollars while soft bank reported losses of 13 billion dollars. They're now sending grim memos to founders.
Play episode from 02:01
Transcript
