Gadget Startups Facing Rough Times as CES 2023 Kicks Off

well, the world's biggest tech trade event about to kick off in las Vegas this week. This is huge, but rising economic uncertainty likely to hit the show floor. The Consumer electronics show, also known as C. S. Is going to host more than 1000 startups this year. That's actually down from more than 1300 in 2020. Just before the pandemic attendance among smaller gadget startups is especially declining having faced a rough few years as it's harder for them to borrow money and find investors during financial downturns. Well, opportunities do still exist in some of the best known companies like Microsoft, Uber and Airbnb. They were all founded during recessions and analysts saying the downturn could help some companies focus and even get stronger. We're looking forward to it. But we'll also be on the lookout for the hottest gadgets at CS here at cheddar news because we are bringing you full coverage and tech check cheddar news. The senior reporter, Michelle Castillo Leo is on the ground in Vegas to bring us the latest, we'll have live reports starting this thursday A CS gets underway. So those will be great just in a few days