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Crypto crash, tech stock rout so far have not caused job cuts at Columbus-area startups

May 13, 2022

Beam Dental has not paused its pace to add 100 jobs this year – one of many Central Ohio technology companies saying they have been buffered from the job cuts and difficulties raising capital for venture-backed startups around the country.

Columbus VC firms that invest in early and late-stage startups told Columbus Business First they have not seen layoffs in their portfolio, citing several factors, including lower operating costs in the Midwest, already conservative hiring practices and the financial cushion from last year's record funding rounds.

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