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The Last Word: RevTech Ventures’ David Matthews on Conundrum Facing Venture-Backed Tech Companies
by David Seeley | Feb 1, 2023
In a recent YouTube video, Matthews offers a quick RevTech Roundup on "The Conundrum of Venture-Backed Tech Companies."
He notes that there have been over 100,000 recent layoffs by big tech companies, "All of a sudden there's a bumper crop of available talent," Matthews says. "But on the other hand, venture funding tightened by almost 60% last year, as VCs tightened their grip on their dry powder."
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