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Nansen CEO: Crypto Startups Will Be Extremely Challenged in 2023

Nansen CEO Alex Svanevik tweeted that crypto startups will be extremely challenged in 2023.

He said, "Most 21/22 seed startups will run out of money; some companies will be acquired while a few raise new rounds (>80% for next round); tech salaries will drop and ech job titles will deflate; VCs will invest in other sectors (AI, etc.)."

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