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


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