Why $27.2Billion startups failed in 2023?
The year 2023 has been described as a “mass extinction event” for startups, with US company bankruptcy filings reaching their highest level since 2010. According to Erin Griffith of The New York Times, a staggering $27.2 billion in venture capital money was put into 3200 venture-backed firms that failed within the first 11 months of…
