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Tech Industry Layoffs Are Accelerating, And FTX Collapse Will Reverberate Throughout The VC World

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crunchbase.com

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Sat, Nov 19, 2022 03:01 PM

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November 19, 2022 During the first week of November, at least 6,473 tech workers in the U.S. were la

[Crunchbase News]( November 19, 2022 [1]( [Tech Industry Layoffs Are Accelerating. What Does That Mean?]( During the first week of November, at least 6,473 tech workers in the U.S. were laid off, by our tally — a more than 600% increase from the 910 who lost their jobs the week before. [Layoffs Grow →]( [2]( [FTX Collapse Will Reverberate Throughout The VC World For A Long Time]( Bankman-Fried’s reach went well beyond a failed exchange. He touched many in the crypto startup ecosystem that shared his similar vision. [FTX's Collapse →]( [3]( [Why More Sexual Wellness Startups Are Turned On By Retail]( Niche, direct-to-consumer sexual wellness startups are quickly entering the mainstream and gaining favor with big retailers and consumers. But venture funding in the space has been volatile at best. [Sexual Wellness →]( [4]( [3D Printing Public Offerings Flopped, But Venture Funding Still Flows To The Space]( Like most tech companies that made market debuts during the go-go days of 2020-21, 3D printing brands have been getting clobbered in recent quarters. We take a look. [3D Investment →]( [5]( [The Week’s 10 Biggest Funding Rounds: Health And Biotech Land Big Week As DispatchHealth LeadsÂ]( It seems like in a down market, investors are going big into anything related to health, knowing there will always be a market. [Biggest Rounds →]( [6]( [Just Like FTX, FTX Ventures Went Big — And Fast — When It Came To Investing]( Now as FTX and more than 130 of its affiliated entities declare bankruptcies, it seems crypto has lost a venture firm primed to be a big player in the Web3 space. [FTX Ventures →]( [Privacy Policy]( | [Terms of Service]( | [View in Browser]( | [Unsubscribe]( Crunchbase, Inc. 564 Market Street, Suite 700 San Francisco, CA 94104

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