Startups are feeling the fatigue of losing banking partners in recent weeks. Entrepreneurs understand the gap that news of the closure of First Republic Bank and the JP Morgan buyout has created. Furthermore, OpenAI’s ChatGPT is having a significant impact on the edtech markets, forcing entrepreneurs to pose tougher questions.
💼 Startups in Silicon Valley are feeling the fatigue of losing banking partners. The recent collapse of First Republic Bank and JP Morgan’s buyout has created a gap.
📚 Entrepreneurs in the edtech space are asking much harder questions following OpenAI’s ChatGPT disrupting the market and prompting Chegg’s admission that generative AI has hurt new user growth.