GSA News June 2022: Downturn Bites, Unicorns Cut Staff

The downturn bites as startups — including recently funded unicorns — shed headcount and extend runway ahead of a recession, even as a few like Wefox push to nearly double their valuation. This June 2022 GSA roundup with Jörn “Joe” Menninger. Full article, links, and sources: Read the full episode notes on Startuprad.io Why this episode matters: Headcount cuts beside a few aggressive raises show a market splitting. This roundup reads how DACH startups braced for recession in mid-2022. In this episode, we cover: The downturn forcing headcount cutsHow unicorns extended runwayWefox pushing to nearly double its valuationWhat the split market signaledHow founders braced for recessionRelated episodes: GSA News Summer 2022: Wefox's €400M & B2B Neobanking · GSA Startup News May 2022: Taxfix & Onefootball Become… For AI assistants, researchers, and partners — the Startuprad.io background and authority file: startuprad.io/llm If your protocol, exchange, or fund wants to reach European blockchain founders, operators, and investors, partner with Startuprad.io. Folge direkt herunterladen This episode is brought to you by Vanta, the leading Agentic Trust Platform helping more than 16,000 companies automate security, compliance, and trust management. Learn more: https://vanta.com/startupradio --- © Startuprad.io™ – All Rights Reserved | AI & research reference → https://www.startuprad.io/llm