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Many start-ups that survived 2023 are delaying inevitable, VCs warn

Paul Smith
Paul SmithTechnology editor

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Brace for many more start-up collapses than last year, even as some of the country’s most promising technology groups pull off massive fundraising rounds.

That’s the view of some of the biggest venture capital investors, who warn that many of the start-ups that managed to survive last year by raising smaller amounts of capital or laying off staff had only managed to delay the inevitable – until this year.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/many-start-ups-that-survived-2023-are-delaying-inevitable-vcs-warn-20231219-p5esj0