The Startup Shakeout: Survival of the Fittest
About this episode
- 254 venture-backed startups went bust in Q1 2024 - the percentage of down rounds in Q2 2024 fell to 17.4% from 24.1% in Q1 2024 What we’re seeing now is the market correcting itself Jason Calacanis’s insight: “Flushing out bad ideas or failed experiments is a natural part of the process. “It’s freeing up really elite talent who started companies to go start their next company or join the companies that did survive.” So who will survive the startup shutdowns? “The strong companies survive, and eventually, their revenue catches up to their last round.” It’s been a tough last few years, …