Startup extinction season is going to kick into high gear — and there's likely going to be a bloodbath soon for some of the 50,000 VC-backed startups

Sat, 08/26/2023 - 06:01

There are more than 50,000 US VC-backed startups, and many will be looking for capital soon.
Many startups raised money in early 2022, and the average time between fundraising is 1.5 years.
Some startups will be looking for funding in Q4 or be forced to look for a sale or shut down.

Don't let the sudden reopening of the IPO market distract you – startups are still dying left and right.

They're shutting down, looking for buyers, or begging for an investor to write them a check to get to the end of the year, if that.