The belt tightening has certainly begun. Down rounds and layoffs to reduce burn are all around [1]. These are fairly natural given the macro economic forces at

The belt tightening has certainly begun. Down rounds and layoffs to reduce burn are all around [1]. These are fairly natural given the macro economic forces at work eight more. Will it ‘explode’ and lead to an ‘apocalypse?’ Your guess is as good as mine. Personally I don’t expect it to be like 99 again as many tech companies have real profit and VCs have plenty of cash… but I suppose there are plenty that don’t as well. [1] - https://www.trueup.io/layoffs https://www.trueup.io/layoffs