Sequoia, YC, Craft, Lightspeed, and other VC firms offer advice to startups to prepare for a downturn; Lightspeed says boom times are “unambiguously over”
Venture-capital firms tell portfolio companies to buckle down for the long haul; ‘before you thrive, you have to survive’
“Adapting to Endure” or what to do when the tide goes out... Sequoia Capital Warns Founders After ‘Crucible Moment’ https://www.bloomberg.com/... via @technology
Sequoia Capital Warns Founders After ‘Crucible Moment’ - Klarna and Getir had recent job cuts, both backed by Sequoia - VC firm laid out the case for a long and drawn-out recession https://www.bloomberg.com/... #tech https://twitter.com/...
For those wanting to “bottom fish” have u thought about how much excess there must be now throughout the investing food chain? How much of it hidden by illiquidity & the Hygge of not marking to market? Asking for a friend (i.e. every investment committee) https://www.bloomberg.co…