Several Dollar General Stores Have Been Closed in the Last Few Months Because Excess Inventory Has Piled Up: Report

With the market turning so dramatically in 2022, it’s no surprise that many startups are now believed to be raising down rounds.This week alone, it was reported that Varo was raising a $50 million equity round led by Warburg Pincus at a “significantly” lower valuation. According to Fintech Business Weekly, the struggling neobank would be raising the funding at a pre-money valuation of $1.8 billion