Different companies will fair very differently. Those that have revenue and are (or in a path to being) profitable should be fine. Valuations might take a hit b

Different companies will fair very differently. Those that have revenue and are (or in a path to being) profitable should be fine. Valuations might take a hit but the companies will be fine. Those that have crazy valuations but no clear sign of turning enough profit to remotely justify that valuation are going to have a rough few years ahead. There’s a lot that will need to be washed out of the system before things reset and the cycle starts again.