downturn
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Use chronological scenario planning to help your startup get through a potential recession
We have spent over a decade being conditioned to plan for the upside. But getting really good at preparing for the downside will help you thrive through this next cycle.
Startups keep laying off swaths of employees as the downturn continues
It’s nearly been two months since we started this accidental weekly column about layoffs happening within startups. Workforce reductions have impacted startup employees in every massive sector, from crypto to…
Daily Crunch: Upskilling edtech platform GOMYCODE closes $8M Series A
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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Mayfield’s Navin Chaddha: I’ve looked at clouds from both sides now
My third startup had been in the market only a year when the internet bubble burst and had not yet found product-market fit.
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Why a downturn can separate the recession-proof startups from the ‘hacks’
If your company is lacking in terms of basic business fundamentals and burning cash, well, maybe you’re in for a reckoning — but then again, maybe you always were.
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It’s not business as usual (and investors are admitting it)
“You can often pick up significant market share in an economic downturn by just staying alive,” top startup accelerator Y Combinator wrote in an internal email to its founders this week. The advice was one of 10 bullet points in a memo meant to help its companies navigate the economic downturn crushing tech. Other standout…
Why founders should start talking now to bankers and potential buyers
Founders have gotten the memo that the ground is shifting under their feet right now. What to do about it is the question. Already, teams are making plans to scale…
Investors are turning their focus away from private shares to public stocks, says crossover investor
A lot of public market investors began elbowing their way into the world of venture-backed startups roughly a decade ago, and the ripple effects have been obvious. Think faster funding…
How today’s startup market isn’t like 1999, and what you need to raise a hot Series A
As 2021 wound down, The Exchange wanted to dig into what might happen if the startup music stopped playing. So we got veteran venture capitalist Matt Murphy on the phone…
Garry Tan and Alexis Ohanian on how to survive these crazy days and what to learn from them
Garry Tan and Alexis Ohanian founded Initialized Capital roughly nine years ago and they’ve closed four funds since, including most recently in late 2018. That $225 million vehicle is roughly…
Worried about a slowdown? It already happened in 2016, says one new venture study
In today’s market, it’s hard to make sense of what’s what. Deals have grown incestuous for the first time, with outfits like GV investing alongside Uber last week — just…
Why an inevitable “bust” of the tech boom won’t be such a bad thing
Silicon Valley is experiencing an extended boom that has only recently shown signs of fatigue. Many observers portend an ominous environment ripe for a bust similar to the early 2000s.…
I’ve been hearing a lot lately about “The New Normal” for VC-backed technology companies. It’s not just in the popular press headlines. Nearly every conversation I have with co-investors, founders…
The last decade has seen a period of extremely high venture capital activity, with a record peak of investment reached in 2015. This period of high VC investments has led…
We are accustomed to hearing that European tech is perpetually in Silicon Valley’s shadow. Now there have been suggestions that the local tech scene is starting to feel Silicon Valley’s…
I started my last company in mid-2009, just as the market was beginning to recover from the fallout of the financial crisis. In the past several years, surrounded by fast-growth…
The rise was like a tech startup fairytale. Within three years of founding, this unicorn company had raised more than $1 billion in venture capital — closing an astonishing $950…
I recently took the opportunity to visit with influential friends and colleagues in the New York City technology space. I sat with longtime friend Nick Chirls, founder of Notation Capital,…
The Internet is awash with gloom-and-doom predictions about the death of many unicorns, a down market for investing in startups, falling public company multiples and a massive disconnect between private…
All it takes is a quick look at the market to see that we are in for a bumpy ride — and a longer-term downturn may be imminent. Tech is…
The Bay Area is well-acquainted with boom and bust cycles, and while it’s too soon to declare that the tech economy has turned, recruiters see early indicators that it’s happening.…
Samsung lost $16.2 million in profit last year compared to a fraction of that a two years ago. It is the first loss in Samsung history. Interestingly, total revenue was…
Sharp is looking at a 10% reduction in flat screen production in its overseas factories, a reaction to the cooling economy and a recent lawsuit for price fixing.
With news of doom and gloom coming at us from every side I would like to take a moment to look at the market as it stands and assess what…