![As startups face potential drops in valuation and VCs demand lower spending and higher margins, some companies turn to cutting staff, marketing, and projects (Heather Somerville/Wall Street Journal) As startups face potential drops in valuation and VCs demand lower spending and higher margins, some companies turn to cutting staff, marketing, and projects (Heather Somerville/Wall Street Journal)](https://karkey.in/wp-content/uploads/http://www.techmeme.com/220517/i33.jpg)
Heather Somerville / Wall Street Journal:
As startups face potential drops in valuation and VCs demand lower spending and higher margins, some companies turn to cutting staff, marketing, and projects — Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking even
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