Resilience the priority for startup ecosystems in challenging times

Resilience the priority for startup ecosystems in challenging times
Tim Brown has experienced a particularly intense rollercoaster ride since his footwear company went global. (Image: NZME)
Peter Griffin
At the halfway mark in 2024, our startup community, considered integral to stimulating innovation across the economy, seems to be navigating the economic doldrums reasonably well.There have been some notable startup failures so far this year, SunFed, Opum Technologies, LayBuy (currently in receivership), and Synthase Biotech among them, adding to the demise of grocery e-tailer Supie and crypto exchange Dasset, and Argo Navis Aerospace in late 2023. Established companies such as Xero, Sharesies, FirstAML and Soul Machines foreshadowed deteriorat...

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