Nansen CEO: Crypto Startups May Be Hit Hard in 2023

Dec 12,2022
KingData News: Alex Svanevik, CEO of Nansen, tweeted, "I think 2023 will be a 'massacre' for crypto startups: 1. most crypto startups born in 2021 or 2022 will face a lack of funding; 2. some will be acquired; 3. few will be able to raise a new round of funding (over 80% will not); 4. 4. tech salaries fall; 5. tech jobs shrink; 6. VCs invest in other areas (AI, etc.)".
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