• Are Startups in a "Silent Recession"?

  • Aug 5 2024
  • Length: 34 mins
  • Podcast

Are Startups in a "Silent Recession"?

  • Summary

  • In this episode we discuss the current state of the startup ecosystem, which they describe as a 'silent recession.' Despite economic indicators suggesting otherwise, many startup founders are struggling with reduced capital flow and stagnating customer acquisition. The episode delves into the effects of the economic downturn on startups, the impact of investor behavior, and the historical context leading up to the current situation. Ryan and Will emphasize the importance of resetting expectations, adopting a survival mindset, and making tough decisions to ensure longevity in this challenging environment. While this period is difficult, there is always light at the end of the tunnel for those who can weather the storm.

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    Resources:
    Startup Therapy Podcast
    https://www.startups.com/community/startup-therapy
    Website
    https://www.startups.com/begin
    LinkedIn
    https://www.linkedin.com/company/startups-co/

    Join our Network of Top Founders
    Wil Schroter
    https://www.linkedin.com/in/wilschroter/
    Ryan Rutan
    https://www.linkedin.com/in/ryan-rutan/

    What to Listen For
    00:08 The Silent Recession in Startup Land
    00:38 The Reality of Founders' Struggles
    02:25 Economic Indicators vs. Founders' Experiences
    04:39 The COVID-19 Economic Magic Trick
    06:03 The Shift in Startup Funding Dynamics
    11:15 The Onset of Economic Challenges
    12:20 The Impact on Startup Operations
    16:14 VCs Halt Investments
    16:50 Impact on Startups
    17:35 IPO Implosions
    18:20 VCs' Strategic Pause
    19:56 The Domino Effect
    22:56 Navigating the Downturn
    27:39 Survival Strategies
    31:37 Looking Ahead
    33:07 Join the Startups.com Community

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