Tag: a16zbacked

  • a16z-backed fintech Synapse lays off 40% of its staff

    Even the brightest stars can experience turbulence in the fast-paced finance industry, where innovation rules supreme. With the revelation of significant layoffs, Synapse, a financial firm with headquarters in San Francisco, shocked the sector. This is the second round of employee cuts in recent months. We investigate the specifics of these layoffs, the unique history…