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Its bankruptcy offers valuable lessons. Startups should have proper governance practices and organisation capital from the onset, be careful about the choice of business model, ensure proper checks and balances around the CEO
With more businesses starting each year, how can start-ups stand out, asks JOSH YOUNG. Here he delves into how Australia got into this situation, and how businesses can stand out in a more saturated market.
Startup funding has been drying up of late. The total global venture funding in 2022 reached USD 445 billion, witnessing a decline of 35 per cent in comparison
Based on the startup tracking platform Tracxn, a total of USD 1.1 billion went into startups in South Asia in the first quarter of 2023, which is 69 per cent lower than the same quarter last year and down 42 per cent in comparison to Q4-2022, , Global Venture Funding, startup funding
Startup funding has been drying up of late