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German startup Pitch switches CEO and lays off two-thirds of its workforce
Presentation software company Pitch is scaling back and bootstrapping, with its CEO stepping down and some 80 workers losing their jobs.
Pitch, the company behind a collaborative presentation software for businesses, is scaling back and bootstrapping, with CEO and co-founder Christian Reber stepping down and two-thirds of its employees losing their jobs. Founded in 2018, Berlin-based Pitch arrived in private beta back in 2019 with $30 million in funding, led by the creators of an app called Wunderlist which Microsoft bought in 2015. Pitch had raised north of $130 million in funding from the likes of Lakestar, Index Ventures, and Tiger Global Management, supported by a slew of high-profile angels including the founders of Instagram and Zoom.
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