Creator Economy Startups Facing Closure Amid Funding Drought

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Last week, we published a list of creator startups that could be on the market for a new owner because they haven’t raised more than a seed round of venture capital in two years and may be running low on cash. Some founders have already pulled the plug on their startups, we discovered.

At least eight early-stage startups in The Information’s Creator Economy Database that haven’t raised funding since early 2022 have shut down over the last 15 months, our analysis shows. These closures bring the number of creator startups that have shut down since 2021 to 19, with another two in bankruptcy. That’s still a small fraction of the 500-plus startups tracked by the database.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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