Archive: startup winter
Angel Insider: SoftBank Warns Investors About Startup Winter
By Early Investing on August 23, 2022
SoftBank is worried. Earlier this month, SoftBank founder and chief executive Masayoshi Son said unicorn founders are refusing to accept lower valuations in fresh funding rounds. As a result, “startup winter” — or the funding crunch startups are currently facing in the venture capital world — is likely to continue. There’s more than a little irony in this situation. SoftBank is known for pioneering a funding practice of writing…