Scoop: Layoffs hit startup stock marketplace EquityZen

EquityZen, a New York-based marketplace for startup equity, last week laid off 27% of its 110-person workforce, Axios has learned and the company confirmed.

Why it matters: EquityZen significantly grew its team last year as the market boomed, but now is adjusting to much less demand from accredited investors (its primary customers) for startup stocks.