Crypto Tax Software Startup Cuts Nearly 40% of Staff — The Information
Taxbit, a startup whose software helps cryptocurrency holders handle taxes and compliance, has cut 80 employees, or nearly 40% of staff, according to people familiar with the matter and a spokesperson for the Utah-based company.
Taxbit was privately valued at around $1.5 billion after raising funding from Insight Partners, Tiger Global Management and others at the height of the crypto boom,…
