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Weak startups have already gone out of business: SoftBank's Misra
short by Ashley Paul / on Tuesday, 4 July, 2023
Rajeev Misra, CEO of SoftBank's Vision Fund 1, said weak startups which had to go out of business have already gone out of business. If startups don't reprice valuations and go through down rounds, "they won't get money anyways", he said. "Everybody who was graduating was doing a startup or working for one. That has to be readjusted," he added.
read more at Moneycontrol