New York
$27 billion up in smoke – that's how much cash the 3,200 startups that failed this year had raised, says PitchBook
The true scale of the venture funding cash burn is likely to be even higher than the PitchBook tally reported by The New York Times.
Some 3,200 startups failed this year, according to PitchBook. imagedepotpro/Getty Images
- Just over $27 billion in venture funding was raised by startups that failed this year, per NY Times.<… [+1817 chars]
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