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Startup bubble fueled by Fed's cheap money policy finally burst in 2023 - TL;DR CNBC

Startup bubble fueled by Fed's cheap money policy finally burst in 2023

Publishing timestamp: 2023-12-28 09:00:01


Summary

The article discusses the end of the era of cheap money in startup land, leading to high-profile failures like WeWork and Bird. It also mentions the rise and fall of pandemic plays like Hopin and Clubhouse. The article highlights the impact of rising interest rates and inflation on the venture capital industry and the challenges faced by cash-burning startups. It concludes with a discussion of the potential reopening of the IPO window in the second half of 2024.


Sentiment: NEGATIVE

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Keywords: breaking news: technologyuber technologies incnikola corpzoom video communications incnetflix incarm holdings plcadam neumanninstacart (maplebear inc)marketsbreaking news: economyeconomypeloton interactive incmeta platforms inciponvidia corpbreaking newsringcentral incgeneral motors cobusiness newstechnology

Source: https://www.cnbc.com/2023/12/28/startup-bubble-fueled-by-fed-cheap-money-policy-finally-burst-in-2023.html


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