3DPrint.com October 18, 2023
This is not clickbait; it’s a public service announcement. Where there was once a bustling activity, now there’s a noticeable quiet. People are revising their resumes for LinkedIn, and budgets are tightening. Job losses are everywhere, and what’s alarming is that even top-tier talent isn’t safe. Investment has stalled in venture capital and private equity-backed startups. Once sky-high valuations are coming back down to earth. SPACs are underperforming, and numerous publicly traded companies are nearing insolvency.
A troubling number of otherwise promising startups—with revenue, if not profits—are teetering on the edge. Talk of a potential merger between Stratasys (Nasdaq: SSYS) and 3D Systems (NYSE: DDD) is pervasive, but it shouldn’t distract from the reality: both companies are essentially flat in...
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