Silicon Valley Lurches Between Deep Cuts and Bold Spending

by | Jul 31, 2022 | Business

July 31, 2022 8:00 am ETListen to article(2 minutes)Silicon Valley is conflicted over what to do about the market downturn.Startups are getting mixed signals as concerns about stock market volatility and the prospect of a recession clash with record amounts of capital investors have at the ready. Venture capitalists are handing out contradictory advice, some encouraging startups to spend quickly while others forecast a severe downturn that will require painful cuts.

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