The S&P 500 is down more than 10% since the beginning of the year, putting it into “correction” territory. The NASDAQ is down almost 15%, but the carnage among growth technology stocks is concealed by the relative outperformance of the trillion-dollar “Big Tech” behemoths. Recently, high-flying tech stocks like CloudFlare, DocuSign, Shopify, Twilio and Zoom are all down over 50%
The great startup reset: Why founders should prepare for lower valuations
Source: Pinoy Big Sister PH
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