I know the Unicorn market is making a massive pull back, and about time. What is happening to the Valley valuations and number of deals completed? I'm curious

I know the Unicorn market is making a massive pull back, and about time. What is happening to the Valley valuations and number of deals completed? I'm curious on if this has any effect on seed companies with valuations at $4m to $6m pre in valuations or number of deals funded? Is this only impacting unicorns (which I don't care about)?