A CEO who laid off 15 % of staff

states: 'The economic

environment is altering for all

start-ups'.

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A chill wind is blowing through the world of startups right now.

If 2015 was the year of the unicorn, 2016 appear like it could be the year of down rounds where startups raise money at a lower assessment and cutbacks.

Stats on venture capital funding into fintech (monetary technology) start-ups launched by KPMG and CB Insights today reveal a high drop-off in funding at the end of in 2014 and Bloomberg on Friday likewise reported a "pullback in start-up investing.".

"We have to be concentrated on that the economic environment is changing for all start-ups," Katia Beauchamp, CEO and creator of membership beauty service Birchbox, informed Business Insider just recently.For more information click on startup-me.ch.

London fintech start-up Nutmeg is

supposedly looking for a brand-

new CEO

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Nutmeg, the London-based fintech company that provides investment services online, is supposedly looking for a new CEO.

Financial News reports that Nutmeg has actually started a look for a brand-new CEO, mentioning sources acquainted with the matter.

Current CEO Nick Hungerford cofounded the company in 2011, and is a public face of London's fintech scene. He worked at Brewin Dolphin and Barclays wealth management prior to starting Nutmeg.

Startup Newfoundland and

Labrador hosts entrepreneurial

conference in city

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Grenfell Campus, Memorial University will turn into a dragon s den of sorts this weekend as Startup Newfoundland and Labrador hosts its first-ever three-day entrepreneurial conference in Corner Brook.

The Startup NL Weekend, co-hosted by the Grenfell Office of Engagement s Navigate Entrepreneurship Centre, is developed to offer experiential education to possible and existing entrepreneurs and are centered on action, development and partnership.

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