NFT marketplace SuperRare cuts 30% of staff

The NFT marketplace SuperRare is cutting 30% of its staff, according to a Slack message from CEO John Crain. Crain posted a screenshot of the message on Twitter.

I have some tough news to share: pic.twitter.com/iLDKqgyhQa
— SuperRare John (@SuperRareJohn) January 6, 2023
“During the recent bull run, we grew in tandem with the market. In recent months, it’s become clear that this aggressive growth was unsustainable,” Crain wrote. “We over-hired, and I take full ownership of this mistake.”
TechCrunch reached out to Crain for comment.
SuperRare raised a $9 million Series A in March 2021

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