1min snip

Cleaning Up: Leadership in an Age of Climate Change cover image

The Climate Venture Adventure - Ep135: Kim Zou

Cleaning Up: Leadership in an Age of Climate Change

NOTE

The 40% Decline in Late Stage Funding

Swivel, a mobility company, underwent a dramatic decrease in valuation after a SPAC acquisition, from 1.5 billion dollars to six million dollars./nThe speaker's company narrowly avoided an acquisition by Swivel, which turned out to be a poor investment./nThe rise of SPACs has disrupted the market and caused significant fluctuations./nLate stage funding has poured into the market, leading to a 40% decline in funding compared to the prior year./nThe speaker suggests that the high levels of funding in 2021 were an anomaly, with current funding levels returning to those before the peak in late 2020.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode