Winter is coming. In the very least it's getting chilly for startups hoping to raise money on the private market. Businesses aspiring to reach unicorn status, a private market valuation of at least $1 billion, are finding it harder to raise the capital needed for such a lofty aspiration. In October, Business Insider reported that 1.3 "unicorn" companies have been created every week in 2015.
Topics: businesses in october unicorns four cfos mit sloan cfo summit actifio simplivity pabst thumbtack cfo servase thumbtack cfo servaes it kabbage cfo kevin phillips kevin phillips we actifio cfo jim kelliher boston see business insider cfo kabbage thumbtack tholen kabbage phillips kelliher kelliher kelliher tech winter is coming money capital market raise private markets harder good focus investors it’s companies raising extra helps funding year discipline raised chilly budget current mega-rounds spread million tightening years company fast long week widening startup fundraising great time valuation term team public closely people secure situation talking billion profitability
BING NEWS:
- A Sleeping Giant? ‘TEAM’ And Mumbai Tech Week Look To Propel City’s Startup Fortunes
Announced in November 2022, TEAM comprises Mumbai’s soonicorn and unicorn startups ... the association has ‘microTEAMs’ for CFOs and CHROs where the respective function leads of these ...
02/21/2024 - 11:00 am | View Link - More
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