This is not (just) another roundup of tech layoffs

After a month that saw nearly 16,000 tech workers lose their jobs, June is off to a similar tumultuous start. Startups across all sectors, from healthcare to enterprise SaaS to crypto, are laying off portions of staff and citing, seemingly, from the same notes: it’s...

Sequoia is the latest VC firm telling you to take the downturn seriously

Sequoia takes things seriously. The storied venture firm is known to react to macroeconomic events with grand memos aimed at portfolio companies and sometimes the entrepreneurship scene at large. Most recently, Sequoia created a 52-slide deck, first reported by The...

A ping-pong match between bulls and bears

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Happily we were once again at full strength this week, with Alex Wilhelm, Natasha Mascarenhas and Mary Ann Azevedo chatting,...

If the earliest investors keep going earlier, what will happen?

There’s a clash happening in the early-stage market. In one world, late-stage investors are reacting to tech stonk corrections by clamoring toward the early-stage investment world, forcing seed investors to go even earlier to defend ownership and potential returns....