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What’s going on with startup funding in Seattle? | Ada Developers Academy cuts 45% of workforce

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TODAY'S TOP STORIES

It’s getting quiet in Seattle startup land. Venture capital funding to Seattle-based startups hit a 6-year low in the first quarter amid the broader tech slowdown. Seattle’s investment levels were lower than Phoenix, Washington, D.C., and Nashville in Q1, according to EY. Read more. 

Investors representing a majority of Amazon’s shares voted against all 18 outside proposals submitted for the annual meeting of shareholders Wednesday morning, according to the company. Read more. 

Ada Developers Academy, the diversity-focused coding school based in Seattle, laid off 45% of its workforce this week as the hiring pullback in the tech industry impacts the demand for the nonprofit’s students. Read more.

Tech Moves: RealNetworks names new president; Microsoft Alumni Network leader steps down; and more key personnel changes.

Thanks for subscribing to the GeekWire newsletter, and have a great day. —  GeekWire managing editor Taylor Soper, taylor@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com. 
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