Many startups that launched in the last several years did not have a proper business model, were not profitable and were reliant on VC money. It was all about g

Many startups that launched in the last several years did not have a proper business model, were not profitable and were reliant on VC money. It was all about growing quickly enough to get to IPO to give early investors liquidity and dump the liability on general public (like Uber). As free/cheap money goes away it should force entrepreneurs to build real businesses rather than VC fueled money pits.