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Patreon, Substack, and other “passion economy” startups are laying off staff and abandoning fundraising plans; Dealroom: investment fell 75% to $801M in 2022 (Financial Times)

Financial Times:
Patreon, Substack, and other “passion economy” startups are laying off staff and abandoning fundraising plans; Dealroom: investment fell 75% to $801M in 2022  —  Once high-flying start-ups that serve online creators and influencers have been forced into a painful retrenchment …

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