TOKYO -- Startup funding in Asia is shifting to early stage deals as a sharp decline in listed tech stocks keeps investors away from companies close to an initial public offering.
Falling valuations of listed peers puts pressure on late-stage companies

After last year's major tech listings ran into headwinds, investors are less enthusiastic about pouring money into late-stage startups. (Source photo by AP)
TOKYO -- Startup funding in Asia is shifting to early stage deals as a sharp decline in listed tech stocks keeps investors away from companies close to an initial public offering.