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“Plan for the worst” — YC
The plan for founders facing a recession
With headlines like
- A third straight week of tech layoffs in the books
- Goldman Sachs calculates a worst-case recession forecast as investors dump stocks and crypto
And nice investment articles
It’s natural to feel a little anxious for the months ahead.
For the founders, I think it’s time to buckle up for a period of having a tougher time fundraising, access to finance and customers being more conscious of what they spend.
So what should startups do with the very likely period of unrest ahead?
Over the past week, Y Combinator (YC) sent an email to its portfolio companies with advice for the months/years ahead.
YC is a legendary startup accelerator that has helped countless companies get off the ground.
Read it all here. 👇
Subject: Economic Downturn.
Greetings YC Founders,
