There are more than 50,000 US VC-backed startups, and many will be looking for capital soon. Some startups will be looking for funding in Q4 or be forced to look for a sale or shut down. The startup has followed the typical survival strategy of a desperate startup this year by first cutting costs with layoffs. We all know venture capital funding is tough to come by these days. Venture capital funding was overly abundant in the latter half of 2020 and all of 2021.

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Persons: Melia Russell, Rob Price, It's cratered, Kyle Stanford, PitchBook, –, they've, it's, aren't, Stanford Organizations: Morning, US VC, Venture, Stanford, Tiger