Tech-Based Retail Startups Could Face A Tough Year

In Daily Commute by MR Magazine StaffLeave a Comment

Tech and web-based startups in 2016 could struggle to garner the kind of private funding they’ve enjoyed in recent years. That could lead to pressure to go public for financing, but that could be a tough sell as well. Several retail-related stocks, including Etsy and Alibaba, have fallen below their IPO prices. Startups that went public in the U.S. raised some $9.5 billion in 2015, down from $40.8 billion in 2014, according to Dealogic. The number of tech startup IPOs fell from 62 to 29. Read more at Retail Dive.

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