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Big Tech 50 reports more huge falls in startup valuations

Big Tech 50 reports significant falls in startup valuations, with investments in Orcam and Voyager Labs experiencing major write-downs. Orcam's valuation decreased from $2 million to $31,000, while Voyager Labs' valuation was reduced from $1.2 million to just $3,175. Other companies inflicting losses on Big Tech 50 include OpenWeb, Verbit, Fundbox, Blue Vine Capital, Skai, and Buildots. The R&D partnership and investment firm has seen a 55% drop in its holdings since its inception.

Original article source: https://en.globes.co.il/en/article-big-tech-50-reports-more-huge-falls-in-startup-valuations-1001506860
Source Id: 8617620550

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