Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 (Benjamin Mullin/New York Times)
Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 — Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth.
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Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 (Benjamin Mullin/New York Times)
![Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 (Benjamin Mullin/New York Times)]()
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May 26, 2022
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