LatAm startups lay off staff, expect more IPOs next year

Canada News News

LatAm startups lay off staff, expect more IPOs next year
Canada Latest News,Canada Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Swiatek cruises past Peterson and into the second round in New YorkSwiatek cruises past Peterson and into the second round in New YorkIga Swiatek defeated Rebecca Peterson in straight sets 6-0, 6-1 to advance to the second round of the US Open.
Read more »

Aaron Judge ends slide with homer, helps New York Yankees beat Detroit TigersAaron Judge ended an 0-for-17 slide with his 249th home run, Luis Severino pitched shutout ball for the second straight start following an alarming skid and the New York Yankees beat the Detroit Tigers 4-1 on Monday night in a series opener.
Read more »

New York Liberty beat Las Vegas Aces tighten up race for top seed in WNBA playoffsNew York Liberty beat Las Vegas Aces tighten up race for top seed in WNBA playoffsSabrina Ionescu scored 25 points and Breanna Stewart added 20 points, 12 rebounds and seven assists to help the New York Liberty beat the Las Vegas Aces 94-85 on Monday night in the final regular-season meeting between the teams.
Read more »

Nathaniel Lowe's RBI single in ninth lifts the Texas Rangers over the New York MetsNathaniel Lowe's RBI single in ninth lifts the Texas Rangers over the New York MetsNathaniel Lowe hit a two-run single with two outs in the ninth inning and the Texas Rangers rallied past the New York Mets 4-3 on Monday night for just their second victory in 11 games.
Read more »

Greece wildfire scorches area bigger than New YorkGreece wildfire scorches area bigger than New YorkATHENS (Reuters) - A wildfire burning in northeastern Greece for 11 days has destroyed an area larger than New York City, the European Union-backed ...
Read more »

Greece wildfire scorches area bigger than New YorkGreece wildfire scorches area bigger than New YorkATHENS (Reuters) - A wildfire burning in northeastern Greece for 11 days has destroyed an area larger than New York City, the European Union-backed ...
Read more »



Render Time: 2025-03-21 16:50:19