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They have also questioned one of Holz’s most consequential moves—launching Midjourney on Discord, a group chat app that can be complicated to learn how to use. In return for building its business atop the platform, Midjourney shares a slice of its revenues with Discord, a much larger company with 1,000 employees and a $15 billion valuation, according to three people familiar with the matter.
‘He Doesn’t Need VC in His Life’: How Midjourney’s Founder Built an AI Winner While Rejecting Venture Capital
Kate Clark
But surging inflation, rising interest rates, an economic slowdown and the global supply shocks caused by the war in Ukraine appear to have triggered the latest downturn.
What impact is the tech stock crash having on Europe's startups?
John Thornhill
That is the reason you need to implement a formal management system.
The Great CEO Within
Matt Mochary, Alex MacCaw, and Misha Talavera
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