As layoffs slow and churn improves, is startup health improving?

Startup health appears to be recovering in the United States, new data shows. According to several metrics TechCrunch has tracked throughout the COVID-19 era, the fortunes of some startups appear to have bounced off lows set in March and April. Data concerning layoffs, and, more specifically, software revenue and customer losses indicate that many firms…

As layoffs slow and churn improves, is startup health improving?

Startup health appears to be recovering in the United States, new data shows.
According to several metrics TechCrunch has tracked throughout the COVID-19 era, the fortunes of some startups appear to have bounced off lows set in March and April. Data concerning layoffs, and, more specifically, software revenue and customer losses indicate that many firms have stopped making aggressive staffing cuts and are shedding fewer customers than earlier in the pandemic.
These two signals don’t sum up the entire startup market. But while TechCrunch has spent time in recent days parsing surveyed sentiment and reported observations from founders and private-market investors alike, studying layoffs and churn should help sharpen some of the blurred edges in our view of the current landscape.
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