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Internal email: Flock is rolling out a voluntary severance program; sources say a significant number of Flock's ~1,500 employees may depart, as customers flee (Wired)

Wired : Internal email: Flock is rolling out a voluntary severance program; sources say a significant number of Flock's ~1,500 employ...

2 October 2024

VC firm CRV plans to return $275M from its $500M Select fund, citing worsening market conditions and high startup valuations relative to their potential payoff (Erin Griffith/New York Times)

Erin Griffith / New York Times:
VC firm CRV plans to return $275M from its $500M Select fund, citing worsening market conditions and high startup valuations relative to their potential payoff  —  CRV, based in Silicon Valley, plans to return to investors $275 million because the market for mature start-ups has soured.

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