As startups face potential drops in valuation and VCs wanting lower spending and higher margins, some turn to trimming staff, marketing, and project ambitions (Heather Somerville / Wall Street Journal)


Heather Somerville / Wall Street Journal:

As startups face potential drops in valuation and VCs wanting lower spending and higher margins, some turn to trimming staff, marketing, and project ambitions– Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking even