News > Winter is coming, Y Combinator warns; startups show solidarity amid layoffs

Winter is coming, Y Combinator warns; startups show solidarity amid layoffs

The Economic Times | 20/05/2022 08:46 AM | Click to read full article

After a bonkers 2021, tech companies and startups worldwide have endured tough times in 2022. But the worst is yet to come, according to Y Combinator.

The famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their runways “within the next 30 days”.

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