NEW YORK (Reuters) - Two-thirds of Latin American startups have laid off staff over the last 18 months, as venture capital funding fell sharply in the ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSNEW YORK - Two-thirds of Latin American startups have laid off staff over the last 18 months, as venture capital funding fell sharply in the region, according to"Latin America Digital Transformation" report by venture capital fund Atlantico.
As the volume of IPOs recovers globally, venture capitalists and Latin American unicorns may return to capital markets. Of the 37 unicorns launched in the region, only seven went public."We expect at least 10 new companies to list in public markets in 2024," said Julio Vasconcellos, Atlantico managing partner, in a phone interview on Tuesday.
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