Survey of 200 UK startups during the pandemic: 49% have frozen hiring, 43% have stopped online ads, 40% have under one year's runway, and 30% have cut salaries
Super interesting report released today by @localglobevc & other top UK VC firms finds that 60% of startups are renegotiating workspace rent, 43% have stopped online advertising & 30% have cut salaries by at least 15%. More here: https://sifted.eu/...