Reaction thread #10037
Important statement from VCs:
"If your plan is to raise money in the next 6-12 months, you might be raising at the peak of the downturn. Remember that your chances of success are extremely low even if your company is doing well. We recommend you change your plan"
#YCombinatorYC advises founders to ‘plan for the worst’ amid market teardown
techcrunch.comY Combinator is advising its portfolio founders to "plan for the worst” as startups across the globe scramble to navigate a sharp market reversal.
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