‘Everybody thought they were the exception’: Start-ups’ optimism hits hard reality - Sydney Morning Herald

This week it became crystal clear that the music has stopped for start-ups as rapid rises in interest rates, fears of runaway inflation and plunging consumer confidence spook investors.

This masthead can also confirm layoffs at police software maker Mark43, after former staff posted online saying it had made an entire team redundant, payments company Zepto and medical management com… [+5869 chars]

full article...