Klaviyo could be the rare startup to defend a late-stage 2021 valuation
As the IPO market slowly comes back to life, it’s becoming easier to understand just how far off the mark some startup valuations were back in 2021.
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. As a small heads up, we…
As the stock market cooled last year, it led to a dearth of startup IPOs. That could be about to change. The Wall Street Journal reports that Klaviyo, the Boston-based marketing automation startup that has raised more than $775 million, is going to pull the trigger later this year. If it’s true that the company…
Klaviyo, an e-commerce marketing automation platform, has laid off 140 of its staff across all teams, including engineering and design, TechCrunch has learned from a number of sources. Klaviyo’s director of public relations, Lacey Berrien, confirmed the workforce reduction over email, adding that their “focus is supporting the departing Klaviyos who made meaningful contributions to…
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