The Falling Chainsaw of 2022

Some people would call this market a falling knife. I would call it more of falling chainsaw. There is nothing more unnerving than this much negative sentiment and uncertainty. I’m putting my head in the sand and not looking at any of my statements. I am afraid I am going to do something too emotional.

I am very interested to see how funding rounds are shaping up in the private markets. Early data estimates that VC will see about an approximate 20% decrease in funding dollars. The majority of this is in the late stages. The later the dryer the liquidity.

It seems every day there are 20% layoffs from tech companies. It hit the public markets first with Tesla, Coinbase, Shopify, and Robinhood. Now I am starting to see it in the private markets with companies like Substack planning to lay off a considerable amount of employees.

This will continue to trickle down to early stage. Get ready for the blood bath.