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”.