Dozens believed dead in North Macedonia nightclub fire

LONDON and BELGRADE — Dozens of people are believed to have died in a fire at a nightclub in North Macedonia’s southern city of Kocani, local authorities said Sunday. The Associated Press reported that 51 people were killed and at least 118 hospitalized in the incident, citing Interior Minister Panche Toshkovski’s remarks to journalists. A … Read more

VC Aileen Lee highlights how the broader investor exodus is worsening woes for unicorn companies

In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many companies stuck in limbo aren’t just struggling to regain their footing after raising too much money at unsustainable valuations; they’ve also lost the champions who once backed them. Lee was … Read more