Venture Capital
According to PitchBook data, a handful of top-tier Silicon Valley venture-capital firms have startups that are bearing the brunt of the current financial crisis. Many startups are experiencing the first, and likely the worst, financial crisis in a generation, and about 60 companies have had to cut costs and lay off employees to stay afloat. NEA and Founders Fund each have 14 companies that have conducted sweeping layoffs or shuttered entirely. No stage was spared, as early-stage investors and later-stage firms like IVP had all backed companies that are now struggling. Click here for more BI Prime stories.

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