This year is already gearing up to be a busy one. We’re heading into a U.S. presidential election and artificial intelligence technology continues to develop at a rapid speed. Both will involve creators, I predict. Here are more of my forecasts for 2024.
• Dozens of creator economy startups will shut down or get acquired. This year, startups focused on creators were involved in more than 30 acquisitions and at least 7 shutdowns. We’ll see more carnage this year as companies that raised during the peak of the frothy market run out of cash and the number (and appetite) of potential acquirers shrinks. See our Creator Economy Database, where you can sort through acquired and shutdown companies.
