Startup malaise, startup ambition

Recapped. Layoffs. Slowdown. CEO transition. Budget cuts. Downsizing. In spite of a spate of massive startup exits the last few months, culminating in fintech’s shining moment yesterday with Intuit’s $7.1 billion acquisition of Credit Karma, it’s been a tough period for the startup world. Layoffs abound, centered perhaps on SoftBank’s Vision Fund portfolio but hardly exclusive to it. Startups, both infamous and unheard of, are shutting their doors. Learn more about your ad choices. Visit podcastchoices.com/adchoices