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Blockchain Data Platform Nansen is Cutting 30% of Its Staff
Summary: Blockchain data platform Nansen announces a 30% layoff. CEO Alex Svanevik stated in a tweet that it has been a "brutal" year for the crypto market, noting that the company expanded too rapidly and ventured into areas beyond its core strategy. He said, "Our cost basis is too high compared to the company's current state." ...
Blockchain data platform Nansen announces a 30% layoff.
CEO Alex Svanevik stated in a tweet that it has been a "brutal" year for the crypto market, noting that the company expanded too rapidly and ventured into areas beyond its core strategy. He said, "Our cost basis is too high compared to the company's current state." Svanevik expressed that the company still has several years of runway ahead.
As previously reported by Bitpush, Nansen announced at the end of 2021 that it had completed a $75 million Series B funding round. This round was led by Accel, with GIC, Andreessen Horowitz (a16z), Tiger Global, SCB 10X, and other prominent venture capitalists and angel investors participating.
Tags: Accel,Andreessen Horowitz,GIC,Nansen
Link: Blockchain Data Platform Nansen is Cutting 30% of Its Staff [Copy]
