“Billions and billions!” astronomer Carl Sagan is still famously (and inaccurately) quoted as saying about the number of stars. We here at Crunchbase love to talk about billions as well — billions in valuations, billions in revenue and billions in fundraising, even in a volatile year like 2022. Here’s the week’s most notable billions below.
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We also learned that many of our readers are bracing for a recession in 2023, and that if you want to evaporate a whole pile of money, consider investing in a tech startup going public via a SPAC.
Illustration: Dom Guzman
Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.
With the world’s eyes on Argentina, it’s an opportune time to look at a space that gets way less attention than soccer: the Argentine startup scene.
A lot happened in tech in 2022, much of it not particularly good. Bradley Tusk, co-founder and managing partner at Tusk Venture Partners, tackles the…
Follow along with the Crunchbase News team as we track the major events of a year full of hairpin turns.
Some business plans are in vogue one season and out the next while others show prolonged staying power.
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- Source: https://news.crunchbase.com/venture/crunchbase-data-openai-saas-recession-spac/