Startups suffer bleak second quarter

The number of US startups going public has slowed and new funding for such companies has declined sharply, indicating what venture capital investors are facing. More challenging markets after bullish periods,

The pace of companies going public has accelerated. In the first half of this year, the combined exit value of private companies going public was $49 billion, according to research company Pitchbook Data Inc. That’s down from last year’s record $777 billion, according to figures released Thursday.