""Companies will still raise funding, but at lower valuations," says Arianna Simpson, a Silicon Valley-based investor." I wonder if this means companies have g

""Companies will still raise funding, but at lower valuations," says Arianna Simpson, a Silicon Valley-based investor." I wonder if this means companies have gotten wise to the bad deals they were signing just to get a high valuation and are agreeing to lower valuations but not giving up preferred stock that is so powerful. I know a few smaller companies that have done this and prefer to not make headlines with sky high valuations that everyone knows are meaningless. This is a good thing.