Benjamin Mullin / New York Instances:
Sources: Substack dropped efforts to boost cash, after talks to boost $75M to $100M at a $750M to $1B valuation, and instructed traders it had ~$9M income in 2021 — Amid an industrywide downturn, enterprise traders are preaching austerity and halting new offers, notably for firms which have spent aggressively on development.
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